The Rockefeller Family Fund concluded there’s “no sane rationale” for companies to explore for oil as governments contemplate cracking down on carbon emissions, according to a statement on the website of the New York-based philanthropic foundation Wednesday. ExxonMobil has been ordered by the Securities and Exchange Commission to include a shareholder resolution on climate change in its…
Dana Emery, director of fixed income at Dodge & Cox, discusses why the firm likes corporate bonds and emerging-markets debt, where rates are headed, and bond-market liquidity.
Video Length – 00:09:49
The merger between Halliburton (HAL) and Baker Hughes (BHI) was announced with much fanfare. Over a year later oil prices are sub-$50, the global economy is in shambles and the deal is receiving a cool reception from regulators. Now oil giant Total S.A. (TOT) CEO Patrick Pouyanne may have knifed the deal: Total SA Chief Executive…
The 13% rally of the SPX and Dow from the “Dimon bottom” of February 11 has been most impressive and has converted a lot of bears into at least neutrality. This week’s NAII Sentiment Survey: 34% bullish, 42% neutral, 24% bearish. Of such are tops made. But the market is chugging along with the rally still intact,…
Written by SmallCapPower.com The key, as always, is choosing the right stocks, at the right time…so we chose companies with one or more of the following attributes: industry leaders, a top-notch project that more than one expert likes, and/or big-money backers. and, for the purpose of this exercise, we’ve tried to include as many different…
In my last article, I discussed that we are dangerously close to global recession as the services sector activity slumped in February 2016. This article discusses the impact on US corporate sector profits if the rest of the world enters recession. The reason for this discussion is to underscore the point that even if US economic growth…
While I’ve done my best to try and dissuade people from selling short, there are always going to be plenty of traders that insist on doing things the hard way. If you are determined to make it as hard as possible to turn a profit then at least have the patience to wait until you have the odds…
Once a month, I assemble an economic forecast based on analysis of various data points which have led the economy. Historically, most of the time the economy trends up or trends down – but recently the economy simply has been frozen with little change in the rate of growth. My view of the economy is…
Following yesterday’s breakdown of 2015 GDP growth components, there was little surprise that the biggest source of “growth” for the US economy in the past year was healthcare growing at an absolute dollar pace nearly double that the second highest category (recreational vehicles of all things, because in the eyes of the BEA the US has gone on…
