🥩 Investors have beef with Tyson

Newmont made a bid for an Aussie rival | Tyson Food served up some boney results | [Finimize]( Hi {NAME}, here's what you need to know for February 7th in 3:11 minutes. 🗞 You’re reading the Finimize newsletter, so it’s safe to say you understand how much financial news can impact your portfolio. So join Adrian Alberts for [The Relationship Between News And The Markets]( on February 21st, and take a true deep dive into the space where headlines and investments meet. [Get your free ticket]( Today's big stories - Newmont, the world’s biggest gold miner, has made a bid for Australian rival Newcrest - Here’s how to approach a bull market with caution, just in case it’s a bear – [Read Now]( - US meat producer Tyson Foods reported some skin-and-bones results, and investors lost their appetites Golden Handshake [Golden Handshake] What’s Going On Here? US gold miner Newmont [made]( a top-dollar bid for Australian rival Newcrest over the weekend. What Does This Mean? With names as similar as “Newcrest” and “Newmont”, you might suspect that these two mining firms are cut from the same cloth. And you’d be right: Newmont created Newcrest as its Australian arm in the 1960s, before spinning it off a few decades later. But with mining costs spiking and gold deposits harder to come by, companies are looking to dealmaking for more security and scale. Now Newmont, already the world’s biggest gold miner, is keen to buddy up with its old pal: the firm launched an all-share bid valuing the Aussie firm at $17 billion, 21% more than the company was worth before the bid was announced ([tweet this](). This move could be huge: as well as creating a global gold powerhouse, it would give the US titan access to Newcrest’s copper – an uber-hot commodity with EVs and renewable energy on the rise. Why Should I Care? Zooming in: Not set in stone. The move has the makings of 2023's biggest deal-making blockbuster so far, but there’s still a ways to go. For one, the deal would hand one company 80% of Australia’s biggest gold mines, something the government would have to green-light. And for another, this offer could just spark a bidding war: Newcrest already rejected a lower offer by Newmont, and some analysts reckon rivals Barrick and Agnico Eagle will be sizing the firm up too. The bigger picture: Diamond in the rough. Gold has been gleaming bright in recent months, with prices up 15% since November, and there's a chance the shining streak could last. After all, it looks like economies could fall into a slump this year, forcing central banks to pause or even reverse their hikes. And if that happens while inflation’s still lingering, then gold – the world’s oldest safe haven and inflation hedge – could have a field day. You might also like: [Gold could be a good buy for 2023.]( 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=Golden Handshake&utm_campaign=daily-global-07-02-2023&utm_source=email) Analyst Take It Could Be The Start Of A Bull Market... Or Not [It Could Be The Start Of A Bull Market... Or Not]( [Photo of Stéphane Renevier] Stéphane Renevier, Analyst The global economy is holding up pretty well, and stocks are [moving like it’s 2021](. And right now the question on everyone’s lips seems to be: is this the start of a [new bull market]( or just a tricky [old bear market rally](, destined to crumble? So that’s today’s Insight: [we’re looking at the bull thesis and the bear one, and how to play this market with caution.]( [Read or listen to the Insight here]( Empty Piggy Bank [Empty Piggy Bank] What’s Going On Here? US meat producer Tyson Foods [reported]( some pretty dire quarterly results on Monday. What Does This Mean? Tyson’s business was bringing home the bacon this time last year, thanks in large part to extra-juicy meat prices – but last quarter offered slim pickings in comparison. And that stands to reason: sirloin's a luxury in this economy, after all, so cash-strapped Americans either traded down from premium cuts of meat to cheaper options or held off on buying meat altogether. To make matters worse, beef – by far Tyson’s biggest segment – saw prices drop an average of 8.5%, while the spiking price of animal feed ate into takings even further. The fallout: Tyson’s overall profit fell a tear-inducing 70%, and investors suddenly lost their appetite and knocked shares by 5%. Not quite a rib-tickling time for the firm... Why Should I Care? The bigger picture: Salad days. It's not unusual for folk to get less carnivorous when economies stall, but this time beef demand’s being hit particularly hard in even the most meat-loving nations – like Brazil, where the latest data showed consumption on track for a record low last year. That trend’s bad news for beef producers like Tyson and JBS, especially when they're contending with herd-shrinking droughts and mounting pressure from green-minded investors – but it is good news for the planet. After all, livestock’s the main culprit when it comes to agricultural greenhouse gasses, and some measures show that farming singlehandedly emits more greenhouse gasses than the entire transport industry. Zooming out: Having a cow. Meat producers may have run into a bit of a rut lately, but the cruelty-free counterparts that were supposed to upend the whole industry have been faring even worse: high prices and wary consumers have given Beyond Meat and its ilk a string of disappointing results. In fact, Tyson's stock has outperformed Beyond Meat’s by over 30% in the past year, even after its own meager update. You might also like: [Here’s how you can work out what Tyson’s really worth.]( 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=Empty Piggy Bank&utm_campaign=daily-global-07-02-2023&utm_source=email) 💬 Quote of the day “I didn’t attend the funeral, but I sent a nice letter saying I approved of it.” – Mark Twain (American humorist, journalist, lecturer, and novelist) [Tweet this]( SPONSORED BY BABBEL Speak a new language in just three weeks …And do it all without picking up a single old and tired textbook. Instead, learn the phrases you’ll actually use with [Babbel’s bite-sized 10-minute online lessons](. You can even [mix up your journey]( with podcasts, games, videos, articles, and live online classes. 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Thanks for that. 🌍 Finimize Live 🥳 Coming Up Soon… All events in UK time. 💰 [How To Build A Smart Portfolio](: 1pm, February 14th 💸 [Healthy Investing Habits For Uncertain Times](: 6pm, February 14th 👩‍💻 [Opportunities For Women In Blockchain 2023](: 12.30pm, February 16th 🏠[How To Start Investing In UK Real Estate](: 6pm, February 20th 🗞 [The Relationship Between News And The Markets](: 5pm, February 21st ✍️ [What Are Investment DAOs And How Do They Work?](: 6pm, February 22nd 🌥 [Do Recessions Have A Silver Lining?](: 5pm, March 8th 🎯 On Our Radar - Déjà vu. You could be feeling that uncanny sensation [for a reason](. - This hue’s not for you. It’s kind of troubling that you can [trademark a color](. - Margaritas and metaphysics. Here’s what one of the world’s greatest philosophers had to say [about booze](. - Canned laughter. Here’s why comedies rarely [make it to theaters]( anymore. - Five minutes of fame. This NFT bro faked a coma to drum up [some publicity](. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: 42pixels - Shutterstock | Hurst Photo - Shutterstock Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | 280 Bishopsgate, London, EC2M 4AG All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](