Prices are rising almost everywhere you look.
06/10/2021 6:46 AMSteel, lumber, plastic and fuel. Corn, soybeans, sugar and sunflower oil. Houses, cars, diapers and toilet paper. Prices are rising almost everywhere you look. The post-pandemic recovery is in full swing and the global economy is struggling to keep up. Following a...
read more
The Keystone XL Pipeline Is Like 2020 Weddings…. Canceled
06/10/2021 6:35 AMCALGARY - Another Canadian oil pipeline has bitten the dust after TC Energy Corp. said it was walking away from the Keystone XL pipeline project, ending a decade-plus battle that pitted the energy industry against environmentalists as oilsands producers sought to...
read more
The U.S. Fed probably just got a piece of those Bitcoin junk bonds
06/10/2021 6:23 AMWhile the Federal Reserve’s top brass has cast a skeptical eye on cryptocurrencies, the central bank may be a surprisingly early adopter of the first Bitcoin-linked junk bond. After the pandemic froze credit markets last year, the Fed bought bond exchange-traded...
read more
Schachter’s Eye on Energy – June 9th
06/09/2021 10:05 AMEIA Weekly Data: The EIA data on Thursday June 9th was mixed. The headline Commercial Crude Inventories data was bullish as it fell 5.2Mb to 474.0Mb as Refinery Utilization rose 2.6% to 91.3% last week (last year was 73.1% and two years ago, 93.2% as refiners ramped...
read more
Secretive World of Diamonds Is in the Grips of a Buying Frenzy
06/09/2021 6:58 AM(Bloomberg) -- At the latest De Beers diamond auction this week, buyers shopping for the kind of stones used to make an average engagement ring were in for a sticker shock: some prices had ballooned by 10% since the last sale. News of the unusually sharp increases...
read more
The Crypto Future of Work
06/09/2021 6:20 AMThings are done differently in the world of blockchains and decentralized finance. And they offer a vision of what all careers and corporations could look like one day. The Crypto Future of Work In the future, you'll work with people you don't know, on projects you...
read more
The Anti-Big Business Rhetoric Dangerously Superficial
06/09/2021 5:53 AMI love it when the anti-corporate crowd takes out their cell phones to post on Facebook or buy on Amazon - while wearing their Karl Marx t-shirt shouting down with big...
read more
Interview of the Week – Neil McIver
06/08/2021 12:39 PMNeil McIver on reducing you investment risk by avoiding these 4 mistakes he sees on a daily...
read more
Warning Signs A Correction Is Ahead
06/08/2021 7:22 AMAfter a decent rally from the recent lows, there are multiple warning signs a correction approaches. Over the last few weeks, we discussed the rising risk of a correction between 5-10%, most likely this summer. Such drawdowns are historically very common within any...
read more
The Countries with the Most Monstrous Business Debts
06/08/2021 6:38 AMThe debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for the riskiest corporate borrowers. These debts of nonfinancial...
read more
