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Berry Global Group, Inc. Wrapped & Sealed With 30% Upside

Berry Global Group, Inc. Wrapped & Sealed With 30% Upside

In times of financial market anxiety, boring is good. The packaging services industry escapes some economic cyclicality while offering upside in international markets. Berry’s approach of consolidating fragmented markets along with funding organic growth has produced superior execution metrics. Wall Street analysts, quantitative valuation models, and a favorable Enterprise Value/Free Cash Flow comparison provide all […]
Stocks Rebound Even As Trade War Fears Heat Up

Stocks Rebound Even As Trade War Fears Heat Up

The Major Indexes Rebound The stock market started to look past the trade war fears on Friday as the S&P 500 was up 0.51% and the Nasdaq was up 1.08%. The Russell 2000 was up 1.71% because smaller firms, who don’t do much international business, could be helped by protectionism. Overall, it will hurt trade and make […]
GBP/USD Forecast Mar. 5-9 – Brexit Remains Central

GBP/USD Forecast Mar. 5-9 – Brexit Remains Central

GBP/USD dropped on the acrimony between the UK and the EU over Brexit. The topic remains left, right and center in the first full week of March. Here are the key events and an updated technical analysis for GBP/USD. The EU published an explosive draft stating that the UK may be suspended from the Single Market during […]
US Will Overtake Russia To Become Top Oil Producer By 2023

US Will Overtake Russia To Become Top Oil Producer By 2023

The International Energy Association (IEA) says the US will overtake Russia and become the leading oil producer by 2023. The Wall Street Journal reports U.S. Will Be the World’s Largest Oil Producer by 2023, Says IEA. U.S. crude production is expected to reach a record of 12.1 million barrels a day in 2023, up about 2 […]
S&P Earnings Are Strong And Optimistic For 2018

S&P Earnings Are Strong And Optimistic For 2018

The constituents of the S&P 500 are wrapping up an extremely strong 4th quarter earnings season. Even before tax reform kicks in, corporations reached record operating profit margins at 10.4%. Furthermore, companies beat on the top and bottom line with over 75% beating estimates which is an eight-year high. Looking ahead, it is no surprise that earnings […]
High Yield ETF Shell Game On Full Display

High Yield ETF Shell Game On Full Display

Ok, dammit. One of the things that’s been bugging the hell out of me for at least two years is the prospect of active mutual funds using HY ETFs as a liquidity sleeve or, more to the point, as what amounts to a cash substitute. Basically, they’re managing flows with ETFs in order to avoid […]
Why Are Banks Shuttering Branches?

Why Are Banks Shuttering Branches?

from the St Louis Fed — this post authored by Julie Stackhouse On Feb. 6, the Wall Street Journal published a startling statistic: Between June 2016 and June 2017, more than 1,700 U.S. bank branches were closed, the largest 12-month decline on record.1 Structural Shift That large drop, while surprising, is part of a trend in […]
US Will Be World’s Largest Oil Producer By 2023, But There Is A Catch

US Will Be World’s Largest Oil Producer By 2023, But There Is A Catch

Last month, the US accomplished a historic achievement: thanks to soaring shale production, America surpassed Saudi Arabia as the world’s second largest oil producer, pumping over 10 million barrels per day, while Saudi Arabia remains stuck just below the key mark as a result of the ongoing self-imposed production limit, meant to push the price […]
Chart Of The Week: China Property Outlook

Chart Of The Week: China Property Outlook

This week the “Chart of the Week” is focused on the outlook for China’s property market. The Chinese property market is perhaps one of the most important markets in the world, if not the most. What happens to this market has direct flow-on effects to global commodity prices, emerging markets and commodity producers, and considerable influence on […]