Category Archive: Finance, No picture
Weekly Unemployment Claims: Down 1K, Lowest Since December 1969
Here is the opening statement from the Department of Labor: In the week ending September 8, the advance figure for seasonally adjusted initial claims was 204,000, a decrease of 1,000 from the previous week’s revised level. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The previous week’s […]
Are You Prepared For The Next Financial Hurricane?
The media is focused on Hurricane Florence and its path toward the Carolinas and Virginia. Being a category 4 hurricane with 130 mph sustained winds, over a million residents are subject to mandatory evacuation due to risk of life-threatening storm surge, dangerous winds, and flooding. Our government is warning residents to take protective measures. This […]
In Defense Of Refiners
For about a decade, Texas has considered the idea of erecting a coastal barrier to protect against the impacts of hurricanes. Texas A&M researchers concluded that a direct hit to Galveston from a massive hurricane could cause $31.8 billion worth of damage to homes and apartments from a storm surge. This estimate excludes the potential harm to commercial buildings and […]
Morning Call For Thursday, Sept. 13
Overnight Markets And News Sep E-mini S&Ps (ESU18 +0.23%) this morning are up +0.21% and European stocks are up +0.39%, both at 1-week highs, on an easing of trade tensions as the U.S. and Chinese governments are working on the logistics for a new round of trade talks. The BOE as expected, voted 9-0 to keep […]
3 Non-US Mutual Funds For Phenomenal Returns
Non-U.S. mutual funds provide excellent choices for those looking to diversify their investment across a wide range of foreign countries, including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove profitable and investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure. Below we share with you […]
Pivotal Research Upgrades Snap To Hold Following Recent Selloff
Pivotal Research analyst Brian Wieser upgraded Snap (SNAP) to Hold from Sell with an unchanged price target of $9. The stock closed yesterday down 7%, or 69c, to $9.20. Risks are still present, especially in the near-term, but current trading levels balance those risks with the company’ long-term potential, Wieser tells investors in a research […]
Compass Minerals Sources Salts Of The Earth
Today I’m reviewing a mid-cap industrial metals and minerals firm named Compass Minerals International, Inc. It’s trading ticker symbol is CMP. Compass Minerals International Inc is associated with the mining industry. It produces minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. It serves customers in the United States, Canada, Brazil, and the […]
Why 99% Of Cryptocurrencies Are Bitcoin Copycats And Are Possibly Scams
(Video length 00:52:18) Tone Vays speaks with SBTV about the future of bitcoin and why bitcoin is an amazing store of value that is decentralized. Tone also shares why 99 percent of cryptocurrencies are bitcoin copycats and are possible scams. Discussed in the interview:03:00 Tone Vays before bitcoin14:18 Impact of Cyprus bank confiscation23:28 Bitcoin vs […]
The Next Recession Could Be In 2019
With Q2 S&P 500 earnings growth at 26.58%, core PCE inflation only at 2%, and small business optimism at the highest level in the 45-year history of the NFIB survey, there’s not much reason to be bearish on equities in the intermediate term. The biggest concern in the next few months is a potential trade war. FactSet determined in […]
How Could Trump Tariffs Double America’s Trade Losses
Trump tariffs are based on flawed doctrines, which could penalize the US as much as its trade deficits. Last Friday, President Trump threatened to impose tariffs on $267 billion in Chinese goods, on top of the additional $200 billion that he said will likely be hit with import taxes in a matter of days. If […]
