Schachter’s Eye on Energy – June 3rd
06/03/2021 1:33 PMEach 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 &...
read more
Stock Market Officially a Bad Joke: AMC Warns Buyers of its New Shares: Don’t Buy “Unless You Are Prepared” to Lose “All or Substantial Portion of Your Investment”
06/03/2021 9:53 AMA joke where everyone is making fun of everyone in grand & crazy pump-and-dump schemes. But I can’t blame AMC. I blame the Fed. AMC Entertainment Holdings – whose shares became the incredibly spiking #1 the-zoo-has-gone-nuts meme stock in recent days, multiplying by...
read more
AMC files to sell 11 million shares — stock immediately tanks
06/03/2021 7:03 AMKEY POINTS AMC Entertainment on Thursday filed to sell 11.5 million shares of its stock. Shares of AMC turned negative in premarket trading on the news, giving up a big gain. AMC said it plans to use the money from the stock sale for “general corporate purposes,”...
read more
Free Guns Are Now a COVID-Vaccine Incentive in the US
06/03/2021 6:51 AMGet a shot for a chance to fire a shot—from a brand-new rifle. That’s how West Virginia is trying to boost its lagging vaccination numbers before the start of the summer. Anyone who gets at least one dose of a COVID-19 vaccine will be able to enter to win one of 10...
read more
Michael Levy: Outsourcing Government Work
06/03/2021 6:27 AMYou'll be shocked to hear how much the Canadian taxpayer is on the hook to pay consultants to support our public sector...
read more
A New Way to Measure Your Risk Appetite
06/02/2021 11:56 AMAMAZING photos show daredevil sun worshippers taking a dip in the world's first floating sky pool - 115 feet above the ground. Swimmers with a head for heights waded into the glass-bottomed London pool as temperatures soared. Architects fitted the pool between two...
read more
Oil Stages a Comeback
06/02/2021 7:29 AMKEY POINTS OPEC and its non-OPEC partners agreed on Tuesday to gradually ease production cuts. The group opted to stick to the plan agreed upon in April, whereby 2.1 million barrels per day of supply would be brought back to the market between May to July. OPEC...
read more
Cyber Drama at the Meat Market
06/02/2021 7:17 AMOver the weekend, hackers hit the only piece of American infrastructure more critical than the Colonial Pipeline: the burger supply. JBS, the world's largest meat processor, had to shut down North American and Australian operations Monday following a coordinated...
read more
The Winners and Losers From China’s Surging Yuan
06/02/2021 7:03 AM(Bloomberg) -- China’s rising yuan has given equity investors a touchstone in their search for potential winners and losers. Benchmark stock indexes in both Hong Kong and on the mainland have been buoyed by the recent strength of the yuan, as capital chases assets...
read more
You Know We’ve Turned A Corner When…….
06/02/2021 6:52 AMCostco is bringing full in-store sampling back Dive Brief: Costco is bringing back its full sampling program and adding back in-store food court seating at all of its stores, Chief Financial Officer Richard Galanti said during the company's third-quarter earnings call...
read more
