Schachter’s Eye on Energy – June 16th
06/16/2021 11:28 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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You know we’re living in the interesting times when you have to worry about people hacking your fancy exercise bike.
06/16/2021 6:41 AMNew York (CNN Business)Peloton users are being warned of a new security threat relating to the touchscreen on their Bike+ that could potentially be controlled by hackers. In a report released Wednesday, cybersecurity company McAfee discovered a vulnerability that...
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This Comment is Meant for Workers Only
06/16/2021 5:51 AMWhen corporate income taxes are raised - guess who pays the biggest price. Hint: The research and common sense say look in the...
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Slowly At First, Then All At Once
06/15/2021 7:13 AMBull markets always seem to end the same – slowly at first, then all at once. My recent discussion on why March 2020 was a “correction” and not a “bear market” sparked much debate over the somewhat arbitrary 20% rule. “Price is nothing more than a reflection of the...
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Paul Tudor Jones says ‘go all in on the inflation trades’ if Fed keeps ignoring higher prices
06/15/2021 6:51 AMKEY POINTS Paul Tudor Jones said he would “go all in on the inflation trades” if the Federal Reserve is nonchalant this week regarding rising consumer prices. “I’d probably buy commodities, buy crypto, buy gold,” the billionaire hedge fund manager said. “If they...
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JPMorgan is hoarding as much as $500B in cash
06/15/2021 6:21 AMKEY POINTS JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force the Federal Reserve to boost interest rates, Dimon said Monday during a conference. “We...
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We Don’t Even Know How Big the Bonus Is
06/15/2021 6:09 AMTo borrow from Orwell, all men are created equal but some are more equal than others. At least when it comes to getting a bonus or a...
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What’s in it for me?
06/14/2021 1:03 PMNon-Fungible Tokens (NFT’s) have been generating a lot of press lately, as there have been some very large buying and selling numbers bandied about, and some very well known names being associated with these digital assets. So what are they and how do they work? To...
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“Tesla only sold ~10%” of its Bitcoin Holdings: Musk Speaks, Bitcoin Moves. But it Takes Two to Tango
06/14/2021 6:55 AMWhy can’t this dude just shut up? That’s what people, including the SEC, want to know. But look, he just can’t. Apparently, no one can take his Twitter account away from Elon Musk, and Tesla isn’t putting it under adult supervision, as the SEC has suggested. So he...
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Who Are You Going to Bet On?
06/14/2021 6:49 AMNo this is not a joke. Xi Jinping in a room with Prime Minister Trudeau, or President Biden, or French President Macron or Boris Johnson - who do you put your money...
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