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Economy Report September 20th ,2018

U.S. International Transactions: 2nd Quarter 2018 Exports of goods and services increased in the second quarter by $28 billion to put the total exports receipt at $933.3 billion. Goods exports increased by $3.9 billion to $259.9 billion. The areas where the increases were obvious was in petroleum and food, specifically soybeans.

Monthly Sales for Retail and Food Service The U.S. sold $509 billion in food and services. This was increase of 0.1 percent from July and a 6.6 percent increase from August 2017. Gas stations were up 20.3 percent from last August, and Nonstore Retailers were up 10.4 percent since last August.

Other Economic News As the trade war continues between the U.S. and China Alibaba took back a promise to create 1 million U.S. jobs. This comes on the heals of continued tariffs from both countries. Stanley Black & Decker announced the new line of Craftsman tools after buying the company from Sears. The company will also debut a new logo. Nike faced a 3% decrease in shares Tuesday after the release.

Portfolio Report     September 20th ,2018

Tony zou & caleb pollema

Keaton Hoogendorn & Brett Gaines

Laura Dieleman, Shannon Vos & Breanna Sterenberg Metlife & Brighthouse Laura Dieleman, Shannon Vos & Breanna Sterenberg

History & Background Metlife AKA Metropolitan Life Insurance Founded: March 24, 1868 & went public in 2000 90 million customers in over 60 countries Insurance, annuities, and employee benefits January 2016 it incorporated U.S. retail business March 6, 2017 Brighthouse Financial was launched Industry: Financial services: The financial sector consists of banks, investment funds, insurance companies and real estate firms, among others. In general, the majority of the revenue generated by the sector comes from mortgages and loans that gain value as interest rates rise. We use these different sectors of industries to achieve our asset allocation goal. Co's office held in New York United States, Japan, Latin America, Asia’s Pacific region, Europe, and the Middle East Brighthouse Financial was launched  to specialize in this retail of life insurance and annuities.

Stock price: 1-year history MET: Metlife BHF: Brighthouse Financial AEG: Aegon N.V. ANAT: American National Insurance Company

Stock price: 2-year history

Stock price: 5-year history

SWOT Analysis 3. Opportunities More growth into foreign markets Even more diversification 4. Threats Higher liabilities on balance sheet in 2018 Strong competition 1. Strengths Strong Brand Recognition Diversification into various fields of insurance 2. Weaknesses Life insurance is a big component of revenue High operating costs

Porter's Analysis 1. Industry Rivalry – High 2. Threat of New Entrants – Low 3. Threat of Substitutes – Moderate 4. Bargaining Power of Suppliers – Low 5. Bargaining Power of Buyers – Moderate to Low

Future Outlook Businesses still need insurance Valuation Model… Metlife & Brighthouse Will they rebound? Businesses still need insurance

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