From Bloomberg: In light of China’s unfair retaliation, I have instructed the USTR to consider whether $100 billion of additional tariffs would be appropriate under section 301 and, if so, to identify the products upon which to impose such tariffs. I’ve borrowed a graph from Alec Phillips and Andrew Tilton, and added the $100 billion…
Following Monday’s 2.75% rout of the technology-laden Nasdaq index, the lead story in the Washington Post print edition was entitled “Tech stocks take a beating.” The sub-headline which caught our attention read as follows: “Trade, regulatory threats hurt sector, experts say.” The article puts the blame for Monday’s loss, as well as the 10% retreat…
Gold got a nice lift off after a widely expected rate hike, but it’s been flat to down as markets have been trading very strangely against each other. We’ve seen continued high levels of volatility, but those haven’t translated to real risk aversion on the part of equity traders. Add the politics, namely a trade…
Fears of an imminent U.S.-China trade war have shaken up a number of sectors. The beer industry too hasn’t been spared. President Donald Trump’s imposition of a 10% tariff on imported aluminum from China is likely to have a devastating effect on the U.S. beer industry. Given that most of the beer produced in the…
“Things sure are getting exciting again, ain’t they?” The remark was made by a colleague on Tuesday morning, as we stepped off the elevator to grab a cup of coffee. “One moment markets are gorging on financial slop like fat pigs in mud. The next they’re collectively vomiting on themselves. “I’ll tell you one thing. …
Would you be interested in buying a commodity that will become the basis for the global economy for the second half of the 21st century? How about a commodity that is about to see a 10,000 time increase in demand? It also will become the world’s most widely traded commodity. Long-time readers have already guessed it….
Note: We’ve updated the charts below based on monthly data through March. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but…
The Business Services sector (one of the Zacks 16 sectors) covers an array of services including marketing, consulting, staffing, security, telecommunications, Internet services, logistics and waste handling. Thus, the outlook of the business services sector is firmly tied to the broader economy. The Trump administration’s business-friendly approach, a strong U.S. economy, reduced tax rates, robust manufacturing activity…
Biomass stocks are publicly traded companies whose business involves growing, collecting, or using biological matter (biomass) which can be used to make some other form of energy. Biomass includes human waste, municipal solid waste, sewage sludge, as well as industrial wastes such leftover wood from logging operations. Mulch from yard waste By Dvortygirl (Own work)…
For most of the past 25 years, there was no better investment for income-seeking investors than Master Limited Partnerships (MLPs). That changed with the oil price crash of 2014. Despite a recent rally in the energy sector, a deep disconnect has opened between the price of oil and the market valuation of MLPs. MLP Basics To review,…
