Category Archive: Finance
It’s About Time, Kinder Morgan
Long-suffering Kinder Morgan (KMI) longs got some welcome news this week. After nearly two years of reduced payouts, Kinder Morgan will be aggressively hiking its dividend next year. Kinder will be bumping its annual payout from $0.50 to $0.80 next year, and plans to push it to $1.25 per share by 2020. That amouts to a 60% increase next […]
July 2017 Philly Fed Manufacturing Survey Declined But Remains In Expansion
The Philly Fed Business Outlook Survey declined but remains in expansion. Key elements are in expansion but significantly weaker. Analyst Opinion of the Philly Fed Business Outllook Survey This month new orders significantly declined and is barely in expansion. Consider this a weak report. The New York Fed’s manufacturing survey (released earlier this week) also […]
How To Get A Better Bargain On Your Investment With Emerging Europe
American equities have been a good place to invest during the current bull market, now in its eighth year. Since the November election, the S&P 500 Index has surged close to 16 percent. But this means that valuations continue to creep up, and political risk threatens to derail further gains as President Donald Trump’s high-growth […]
‘Woohoo!’ Brent Tops $50 For First Time Since June 7 As Oil Bulls Get Reprieve
Ok, well oil has had a decent couple days on the back of bullish inventory data and the possibility that the Saudis are redoubling efforts to balance the market. (BBG) Although US production is of course still running high, it’s worth noting that Cushing stockpiles dropped for a 9th week to 57.5 million barrels. That’s the […]
EUR/USD Leaps To Highest Since 2015 On Trump Trouble, Draghi
EUR/USD is trading at 1.1630, the highest since 2015. It moved to 1.1570 on Draghi’s failure to convince that tapering is coming. The fresh news about deeper Trump trouble is compounding the move. Special counsel Robert Mueller is examining Donald Trump’s business transactions including First Son in Law Jared Kushner and former campaign manager Paul Manafort. […]
Bitcoin Surges Above $2500 Following Goldman’s Bullish Note As ‘Civil War’ Ends
Bitcoin is up 40% from its weekend lows as the combination of a bullish Goldman Sachs note on the virtual currency and a major sigh of relief that the potential ‘civil war’ over cryptocurrency’s scaling solutions appears to be over (with over 80% of the hash rate currently voting for the protocol upgrade). The entire cryptocurrency space is […]
Auto Stocks To Watch For Q2 Earnings On Jul 21: ALV, GNTX
Second-quarter 2017 earnings season for the auto sector has already started. One important company which has already reported its second-quarter results is Harley-Davidson Inc. (HOG – Free Report). The company recorded earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.37. However, it reported revenues of $1.58 billion, narrowly missing the Zacks Consensus Estimate of $1.6 billion. […]
The Future Of Outsourcing: The Largest Economic Transformation Ever
Since World War II, trade and technology have been expanding rapidly. Increased technology has led to increased trade, which spurs increases in technology and contributes to a constant fear of outsourcing. As technology progressed in the 1960s, Americans began to fear the loss of our manufacturing jobs. Then again, in the late 90s, we feared […]
EUR/USD Could Face Limited Upside; More Weakness Ahead
EUR/USD is trading sharply higher following the ECB rate decision and press conference. We see the pair approaching the 1.1585 highs from where we may see a test of the 1.1600/20 area. This might be the next stop for euro bulls as the pair could be in its final stages of an ending diagonal. However, […]
