❌ Not all cheap stocks are good value

Oil consumption's never been so high | The British economy shocked everyone | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for August 12th in 3:13 minutes. ➡️ In the financial world, change is the only constant. So join eToro's Lule Demmissie and TradeStation's John Bartleman for [Future Of Finance: Building Investment Platforms For The Modern Era]( on August 23rd, and find out how the world’s biggest investment platforms are gearing up for the coming years. [Get your free ticket]( Today's big stories - The world’s guzzling more oil than ever before - Here are three simple rules for value investing – [Read Now]( - The British economy got its mojo back last quarter Fuel’s Paradise [Fuel’s Paradise] What’s going on here? The world’s craving for oil [hit]( a new peak, according to a report out on Friday. What does this mean? The pandemic once had some folk thinking that oil consumption was only set to go one way, what with remote work on the rise and governments lauding the imminent green transition. But three years on, that’s starting to look like a whole lot of hokum and wishful thinking. See, despite mounting evidence of climate change, our thirst for oil hasn’t waned – it’s actually grown. The International Energy Agency (IEA) just revealed that the world guzzled an average of 103 million barrels a day in June, a new all-time record. You can thank summer air travel, increased oil use in power generation, and China’s bustling activity for that. And hold onto your hats, because August might see even higher numbers. Why should I care? For markets: Slick, but slim pickings. While demand’s skyrocketing, supply’s playing hard to get. OPEC+’s been slashing supplies to prop up oil prices. In fact, its output dipped close to a two-year low last month, and the group’s still hinting at more cuts to come. Combine that with the fact that oil stocks in developed countries are dwindling below their five-year average, and it’s no wonder oil prices soared to a six-month high this week. If this keeps up, we might be bracing for another inflation surge, just when we thought energy prices were under control. The bigger picture: Green gears grinding slowly. This oil consumption might have you wondering how the energy transition is faring. And come next year, we could see its real impact kick in – but don’t expect a revolution. After all, the IEA predicts that demand growth will halve as more electric vehicles hit the roads and cars get more fuel-efficient. That’s a start, but it’s also a reminder the green wave will creep in slowly rather than all at once. You might also like: [Investing in the oil and gas industry in good times and bad.]( Copy to share story: [/fuels-paradise]( 🙋 [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=Fuel’s Paradise&utm_campaign=daily-global-12-08-2023&utm_source=email) Analyst Take How To Tell If It’s A Value Stock – Or A Trap [How To Tell If It’s A Value Stock – Or A Trap]( By Paul Allison, Analyst After the [huge rally]( growth stocks have had this year, it’s fair to say they’re currently looking a bit toppy. So it’s only natural that you might be eyeing [the less pricey end]( of the market right now. But be careful: it’s easy to get seduced by [a cheap stock]( and to mistake it for good value. Luckily, I’ve written a few trusty [dos and don'ts]( that’ll help you avoid that. That’s today’s insight: [three simple rules for value investing.]( [Read or listen to the Insight here]( SPONSORED BY CFA INSTITUTE Make your resume stand out in today’s hyper-competitive environment Today’s climate demands an unshakeable grip on both the investing basics and new-age tech. Problem is, mastering both will cost you time and money by the bucketload – not to mention the hassle of finding reliable sources yourself. Enter, [the investing deal of the decade]( (maybe). [CFA Institute’s Investment Foundation Certificate]( will run you through the traditional theory of the investing industry, and you’ll work through real-life case studies to develop practical skills. Then there’s CFA’s [DeFi: Introduction to Blockchain and Cryptocurrency course](: a future-focused masterclass that’ll break down complex tech to [develop your digital literary skills](. And you bet the world will find out about your ramped-up know-how: pass the tests, and you can [add a certificate and shiny digital badge to your resume]( and social media channels. [Add both courses to your basket]( and use the code [FINIMIZEDEFI2023]( at checkout, and you’ll get the DeFi course for free. That’s a $689 bundle, [yours for just $350](. [Find Out More]( When you support our sponsors, you support us. Thanks for that. Growth Britain [Growth Britain] What’s going on here? The UK [reported]( an unexpected growth spurt on Friday. What does this mean? When economists peeked into their crystal balls, they didn’t see the UK economy growing an iota last quarter. But surprise, surprise: it seems the Brits actually had a trick up their sleeves. All-important household spending, which had been playing dead, sprang back to life with a 0.7% boost, as folks splashed out everywhere – from transport to dining out. And the manufacturing sector revved up too, with cars driving 1.6% growth, while construction and business investment also pulled their weight. All in all, then, the economy grew by 0.2% last quarter versus the previous one, outpacing the Bank of England’s (BoE) official 0.1% forecast and marking the strongest quarterly growth in over a year. Why should I care? The bigger picture: Growing pains. While the government might be popping champagne, for Mr. and Mrs. Average Joe, it’s a bit more complicated. See, the economy’s pep might make the BoE’s eyebrows shoot up, thinking, “More rate hikes, anyone?” – especially given it could keep upward pressure on wages and prices. That could be a tough dent, given that many households are still bracing for the impact of past rate hikes (think pricier mortgages when it’s time to refinance). Plus, the horizon’s already cloudy. The BoE no longer expects a recession, but its forecast of a two-year economic standstill isn’t exactly a ray of sunshine – especially when the economy is still playing catch-up post-pandemic. For markets: Britcoin’s booming. Market mavens are already betting on another rate hike next month, sending the British pound on a little joyride. After all, higher interest rates make a currency more attractive to international savers and investors. That means UK exports might come with a heftier price tag for international buyers – but on the bright side, it might make that imported Chianti or overseas holiday a tad cheaper. You might also like: [Shunned, hated, and cheap: why you might want to buy UK stocks now.]( Copy to share story: [/growth-britain]( 🙋 [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=Growth Britain&utm_campaign=daily-global-12-08-2023&utm_source=email) 🤝 Partner with us Finimize is much more than just this newsletter: we’re a full-blown [one-stop shop]( for engaging with [modern investors](. So whether you’re a fintech, founder, or just a fed-up exec, rest assured – we’ve got [the solutions]( you need. [Book A Demo]( 💬 Quote of the day "Marriage is the chief cause of divorce." – Groucho Marx (an American comedian, actor, and writer) [Tweet this]( SPONSORED BY CFA INSTITUTE Get a leg-up on the corporate ladder If you want to excel at your current job, start a fresh investing-industry career, or find out how to make better financial decisions, you can skill up with [the Investment Foundations Certificate from CFA Institute](. You’ll build your understanding of the investment industry with [online courses and real-life case studies](, setting you up to nail that interview and [develop critical thinking and awareness skills](. You can make sure the world recognizes your skills too: pass the final assessment, and you can showcase the [Investment Foundations Certificate and digital badge]( on your resume. Psst: While [signing up for Investment Foundations Certificate](, you can get the [$339 “DeFi: Introduction to Blockchain and Cryptocurrency Course”]( for free. Just [add both courses to your basket]( and use the code [FINIMIZEDEFI2023]( at checkout, and you’ll get the $689 bundle for just $350. [Find Out More]( When you support our sponsors, you support us. Thanks for that. 🎯 On Our Radar 1. Wicked games. Japanese cinema [explores the thrill]( of survival contests. 2. AI-enhanced investing is here. Unlock the [control of a brokerage, smarts of AI, and guidance of an advisor with Magnifi.](* 3. Techy thieves. Cyberattackers can [exploit the sounds]( of your keyboard to guess your password. 4. Dino DNA debate. Scientists discuss the [feasibility and ethics]( of reviving extinct species. 5. The price of a kidney. Donors often [grapple with financial challenges]( after their generous act. When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🥳 Coming Up In The Next Week... 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