🤕 A recession isn’t a sure thing

Fancy a green Ferrari? | Boo hoo, Boohoo | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for June 17th in 3:11 minutes. 😊 You know the way you smile when you get a new Finimize email? Well, now you can share that joy with your friends and family – the lucky bunch. Here’s the best bit: you’ll get $30 every time you refer someone. Yup: now you’re really smiling. [Find out more]( Today's big stories - Ferrari is finally taking meaningful steps into the EV business - There are four ways the Fed’s giant rate hike is likely to play out, and different ways to trade each of them – [Read Now]( - UK online retailer Boohoo’s quarterly results were an out-and-out disappointment Electric Supervehicle [Electric Supervehicle] What’s Going On Here? Ferrari [announced]( on Thursday that it’s investing billions into developing a slate of EVs. What Does This Mean? Ferrari has been working tirelessly for years to engineer its gas-fueled supercars into the perfect combination of deft handling and raw power. But EVs have been a distraction lately, sauntering into the garage and elbowing the jukebox like they’re the Fonz or something. That’s since forced the company to release a few hybrid models, which now make up 20% of its sales. But even Ferrari has had to admit that it needs to move faster. So it’s now hoping to launch its first fully electric car in 2025, as well as make 40% of all sales fully electric within the following five years. And it’s just laid out a plan to do just that: the company is turning its flagship Italian factory into a hub for battery-powered cars, as part of a $4.6 billion investment that aims to make 60% of its models electric or hybrid by 2026. Why Should I Care? For markets: Ferrari lays it on thick. Ferrari’s shares have underperformed most of its EV-ready rivals lately, so Thursday’s announcement will have come as a relief to investors. And that’s before the company got to the non-EV-based good news: Ferrari said it was expecting its profit to climb by as much as 80% this year compared to last, it promised to boost shareholder dividends, and it said that it intends to buy back over $2 billion worth of its own shares by 2026. Zooming out: Your Fiat will have to wait. Thing is, Ferrari is actually better-placed than most to thrive in this environment. Its customers, after all, aren’t the sorts of people wringing their hands over inflation, given that they’re, well… rich. But most of us aren’t, which might be why data out on Thursday [showed]( that European car sales fell 13% in May from the same time in 2021 – the 11th drop in a row. You might also like: [What investors are getting wrong about the EV market right now.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Electric Supervehicle&utm_campaign=daily-global-17-06-2022&utm_source=email) Analyst Take An Investor’s Guide To The Impending Recession (... Or Not) [An Investor’s Guide To The Impending Recession (... Or Not)]( [Photo of Carl Hazeley] Carl Hazeley, Analyst So the Federal Reserve has just upped rates by 0.75% – the biggest jump since 1994. Needless to say, this [slam-on-the-brakes]( doesn’t bode particularly well for the US economy, nor that of the rest of the world. But [where we go from here]( isn’t set in stone: there’s a lot of talk about a recession, sure, but it’s not a foregone conclusion. In fact, according to investment manager abrdn, there are [four most likely scenarios]( here. So that’s today’s Insight: each of the ways this could pan out, and [how to invest whichever one you find yourselves in](. [Read or listen to the Insight here]( SPONSORED BY Q.AI Invest like a hedge fund… for free Hedge funds have their trading strategies down pat, and now’s your chance to try them out. [Q.ai]( is giving you the chance to [invest in themes](, designed to let you trade like the pros do. The Kits can help you grow your wealth without the hassle of picking out individual stocks. Your investments will now look after themselves: [Q.ai’s award-winning AI]( will rebalance your trades for you. Just set it and leave it. The simple [Q.ai app]( is completely free to use, and you can check in whenever and wherever to see how your investments are doing. Get started for free with a bonus offer: [you’ll get a $100 sign-up bonus when you deposit $100 or more](. [Check Out Q.ai]( All displayed performance are hypothetical returns and do not include advisory fees or transaction costs . This information is being furnished solely for informational purposes ONLY. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. No representation or warranty can be given with respect to the accuracy or completeness of the information, and is subject to updating, revision, and amendment. Past performance is not a guarantee of future performance returns. This material does not constitute an offer to buy or sell, or a solicitation of an offer to buy or sell, any security. This does not constitute and must not be construed as investment advice. Q.ai offers advisory services through Quantalytics Investment Advisors, LLC (“QIA”), a registered investment adviser. Advisory services are only offered to clients or prospective clients of QIA. Investing involves risk and possible loss of principal capital. Potential investors must rely upon their own examination of the merits and risks involved. Boohoohoo [Boohoohoo] What’s Going On Here? British online retailer Boohoo [gave]( an upsetting quarterly results update on Thursday. What Does This Mean? Boohoo indeed: the company came into this update having admitted that it might not grow sales at all in the first half of its financial year, which started in March. It figured a slowdown was all but inevitable for a couple of reasons: because cash-strapped shoppers have been returning more clothes than usual, and because supply bottlenecks have clipped the wings of its fledgling US business. So it surprised no one when Boohoo said on Thursday that its sales fell 8% from the same time last year, partly down to its first-ever drop-off in UK sales. The retailer – whose other brands include PrettyLittleThing and Nasty Gal – blamed intense competition, but it also said that comparing today’s inflation-bruised figures to last year’s post-lockdown boom didn’t do it any favors. And while Boohoo stood by its full-year revenue outlook, that isn’t saying much: it would still be the smallest uptick in sales since the company listed in 2014. Why Should I Care? For markets: Every investor for themselves. Rival ASOS is in exactly the same sinking ship as Boohoo, downgrading its sales growth forecast for the year from 10-15% to 4-7% on Thursday. Investors, for their part, clambered over each other to reach the exits: Boohoo and ASOS’s stocks dropped 15% and 20% after each of their announcements, meaning they’re now down 53% and 62% this year. The bigger picture: The BoE plays catch-up. Boohoo might want to spare some tears for when consumers are really pinching the pennies, because the Bank of England just [upped]( its key interest rate by 0.25% for the fifth time in a row, bringing it to a 13-year high ([tweet this](). The central bank also said it’s now expecting inflation to top 11% later this year – up from its previous forecast of 10% – and that it was prepared to act “more forcefully” with rates going forward. You might also like: [All these rate hikes are bad for one group of stocks – until they’re not.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Boohoohoo&utm_campaign=daily-global-17-06-2022&utm_source=email) 💬 Quote of the day “If you do things well, do them better.” – Anita Roddick (a British businesswoman, human rights activist, and environmental campaigner) [Tweet this]( SPONSORED BY Q.AI Activate top investing strategies in one tap You can stop trawling through the best investment strategies of the last few decades now. [Q.ai]( has done the hard work for you, so you can benefit from top hedge fund strategies without putting in extra effort or hours. Activate themed investment bundles with just one tap, and [Q.ai’s high-tech AI]( will rebalance your trades for you every week. And here’s the best bit: you’ll even [get a $100 sign-up bonus when you deposit $100 or more](. [Find Out More]( All displayed performance are hypothetical returns and do not include advisory fees or transaction costs . This information is being furnished solely for informational purposes ONLY. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. No representation or warranty can be given with respect to the accuracy or completeness of the information, and is subject to updating, revision, and amendment. Past performance is not a guarantee of future performance returns. This material does not constitute an offer to buy or sell, or a solicitation of an offer to buy or sell, any security. This does not constitute and must not be construed as investment advice. Q.ai offers advisory services through Quantalytics Investment Advisors, LLC (“QIA”), a registered investment adviser. Advisory services are only offered to clients or prospective clients of QIA. Investing involves risk and possible loss of principal capital. Potential investors must rely upon their own examination of the merits and risks involved. When you support our sponsors, you support us. Thanks for that. 🎯 On Our Radar - The worst negotiation ever. A salary discussion just [turned into a termination](. - These investment strategies are priceless. Literally: [you can get them for free](.* - Fancy an 80kg snack? Here’s the [world’s biggest Jaffa Cake](. - It’s the end of an e-era. We’ll miss you, [Internet Explorer](. - Cooking has always been romantic. Now it’s [erotic too](. 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