⌚️ Your best asset could be on your wrist

Rolex is ramping up production | Policymakers tried to calm the panicky banking sector | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for March 14th in 3:11 minutes. ☎️ It’s every investor’s dream to have high-flying Morgan Stanley hotshots like Jitania Kandhari on speed dial – and luckily for you, the latest [Finimize Podcast]( is the next best thing. Tune in and get to grips with Jitania’s top ten investment themes for 2023. [Listen now]( Today's big stories - Silicon Valley Bank’s demise has got policymakers pulling out all the stops - Here’s how to use the “magic formula” for stocks – [Read Now]( - Rolex is moving with the times, upping production to meet demand for its high-end timepieces Shockwaves From The Sinking Tech-tanic [Shockwaves From The Sinking Tech-tanic] What’s Going On Here? The fallout from Silicon Valley Bank’s (SVB) collapse kept rumbling on Monday. What Does This Mean? The [collapse]( of SVB last week sent a wave of anxiety through the global economy, but policymakers have wasted no time in stepping in to steady the ship. US regulators already pledged full protection for all deposits – a good thing given that over 90% of them were above the typical $250,000 insurance cap. And the Federal Reserve (the Fed) has opened its coffers too, extending loans on generous terms to banks at risk of failing. Things weren’t much different across the pond: there, the Bank of England [arranged]( for HSBC to swoop in and scoop up SVB’s British business, saving customers’ necks. That speedy coordinated response suggests that policymakers remember the lessons of 2008 – meaning the bank's tech-startup customers can breathe a sigh of relief. Why Should I Care? The bigger picture: Banking blues. Those moves haven’t placated all investors, and smaller regional banks are paying the price: just look at First Republic whose share price [plummeted]( on Monday. But even if the packages do end the fallout, this debacle will still make life harder for the industry as a whole: after all, regulators’ oversight is probably about to get stricter, which comes with higher costs. And with banks likely to do whatever they can to hold onto deposits (including offering higher rates), that’s a recipe for lower margins. For markets: The fickle Fed. Some analysts reckon the Fed's new funding programme marks a temporary return to economy-boosting measures, after the relentless rate hikes of the past year. And experts are betting the central bank won’t add to the burden after recent events: just days after a 0.5-percentage-point hike looked likely, Goldman Sachs has now said it doesn’t expect any increase at the Fed’s next meeting. Some pundits think rates could even be cut if banks’ share prices keep on nosediving. You might also like: [Here’s what we know about Silicon Valley Bank’s swift and stunning collapse.]( 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=Shockwaves From The Sinking Tech-tanic&utm_campaign=daily-global-14-03-2023&utm_source=email) Analyst Take This Hedge Fund Guru Has A “Magic Formula” For Buying Stocks [This Hedge Fund Guru Has A “Magic Formula” For Buying Stocks]( [Photo of Stéphane Renevier] Stéphane Renevier, Analyst Joel Greenblatt’s got a [magic formula for investing](. It’s the reason he always manages to buy [good stocks at cheap prices]( – and it’s made him one of the [most successful fund managers]( of all time. Fortunately, he’s happy to [share his formula](. So, that’s today’s Insight: [how to use Joel Greenblatt’s magic formula for stocks.]( [Read or listen to the Insight here]( SPONSORED BY INTERACTIVE INVESTOR The end of this tax year’s one to celebrate, not commiserate New Year’s Eve was just the warm-up event: it’s the end of the tax year that really matters. See, you have until April 5th to [use up all your tax relief and allowance options](, so the eve before (or realistically, the final few weeks leading up to the deadline) is a big deal. You might want to check out an ISA, then: hold your money in one of those, and you [won’t need to pay UK tax]( on anything your cash earns – be that interest, dividends, or capital gains. And [ii’s ISA]( is a doozy. You’ll get access to over [40,000 global stocks]( on the award-winning platform, and [ii’s low flat fees]( mean you can keep more of your money for yourself. So if you want to make the most of [an ISA with a £20,000 allowance, sign up with ii before April 5th](. (We’ll get the balloons and the novelty glasses sorted.) [Find Out More]( The value of your investments may go down as well as up. You may not get back all the money that you invest. Tax treatment depends on your individual circumstances and may be subject to change in the future. The value of international investments may be affected by currency fluctuations which might reduce their value in sterling. If you are unsure about the suitability of an investment product or service, you should seek advice from an authorised financial advisor. Watches Go Forward [Watches Go Forward] What’s Going On Here? Rolex [announced]( that it’s upping production to meet red-hot demand. What Does This Mean? We regular folk might be struggling to keep our heads above water – but we can still pity poor fund managers who can’t get their hands on fancy Rolex timepieces. See, demand’s so strong that the million or so watches the firm produces every year isn’t cutting it, and that means authorized sellers’ waitlists are getting increasingly unwieldy. But the world’s biggest maker of high-end watches is planning to turn the situation into a win-win: Rolex is creating three temporary Swiss production facilities, where it’s aiming to start churning out watches in 2025 – in addition to existing plans to build a billion-dollar production site nearby. For high-rollers, that means more fancy watches. And for Rolex, it means that annual sales – now estimated at $9 billion – might keep ticking upward. Why Should I Care? The bigger picture: Second-hand second hand. All this unmet demand has got second-hand watches selling far above retail prices – so much so that they’re rivaling stocks as the smart money’s top asset class. Case in point: a basket of pre-owned watch models from luxury Swiss brands has [grown]( at more than twice the rate of the S&P 500 since August 2018. One independent consulting firm even forecast that used luxury watch sales could overtake the primary retail market by 2033, with sales hitting as high as $85 billion. For you personally: Luxury liftoff. This hot-to-touch demand tallies well with the outlook for the whole luxury sector, which is forecast to keep cruising high after two years of strong sales. And while China’s bounceback has been slow so far, experts are [hopeful]( it’ll bring a tidy bump in the region, where market penetration still has room to grow. In short, you may not be strapping a Daytona on your wrist anytime soon – but it could be worth adding some luxury heavyweights (think LVMH and Hermès) to your portfolios. You might also like: [Why wearing your investments may be a timely idea.]( 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=Watches Go Forward&utm_campaign=daily-global-14-03-2023&utm_source=email) 💬 Quote of the day “Don’t knock the weather. If it didn’t change once in a while, nine out of ten people couldn’t start a conversation.” – Kin Hubbard (an American cartoonist) [Tweet this]( SPONSORED BY INTERACTIVE INVESTOR Build the best charcuterie board in the finance world Any decent recipe will emphasize ratios as much as it does ingredients. And any investor worth their flaky, flavored salt will prioritize allocation as much as they do stock picks. [Asset allocation](, after all, has a colossal impact on when you [meet your financial goals](. Ideally, your portfolio should be [a smorgasbord of different assets](, be that stocks, bonds, property, alternatives, or even cash. That way, you’ll be more able to handle market volatility. And [ii has all the tools]( you need to build that delicious grazing board – no matter what type of investor you are. You can pick from thousands of investments, or opt for [ii’s ready-made funds](. [Get closer to your financial goal with ii’s diversification tools.]( [Check Out ii]( Trading and other transactional costs apply. Investment value can go up or down and you could get back less than you invest. The value of international investments may be affected by currency fluctuations which might reduce their value in sterling. If you are unsure about the suitability of an investment product or service, you should seek advice from an authorised financial advisor. 🌍 Finimize Live 🥳 Coming Up Soon… All events in UK time. 📈 [Five Shares For ISAs – How HL Researches](: 5pm, March 20th 🌎 [Three Ways Long-Term Investors Can Act On Climate Change](: 12pm, March 21st 🚀 [What Will Be The Next Big Thing In Artificial Intelligence?](: 1pm, March 22nd 🔮 [Future of Finance: Waking Up To The Retail Investor]( (London): 6.30pm, April 12th 🎉 [Modern Investor Summit 2023](: 12pm, December 5th and 6th 🎯 On Our Radar - Shining a light on the dark web. Here’s how [the notorious Silk Road]( rose and fell. - The camera loves you. Four tips on [taking better snaps]( from a Nat Geo photographer. - Deus ex machina. Robots have taken over some of [Hinduism’s holiest rituals](. - Eye of the tiger. Here’s how the [Rocky training montages]( became a miniature art form. - DriveGPT. 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