An Unusual Energy IPO
…company. When someone raises money with a SPAC, it’s like giving them a blank check. I should note that part of the reason that this IPO is the largest one…
…company. When someone raises money with a SPAC, it’s like giving them a blank check. I should note that part of the reason that this IPO is the largest one…
…dramatically moved higher. The orange line takes the historical prices and puts them into today’s dollars so you don’t have to do any mental gymnastics to compare prices today to…
…the Federal Reserve’s decision to raise short-term interest rates. If the move yesterday was the first salvo in a currency war where countries compete to devalue their currency, it could…
…to our Approved List include several household names: IBM, Altria, Home Depot, Coca-Cola, etc. However, those are the top wealth creators, which gives several advantages to companies that started relatively…
…indexes, although they don’t go back as far. As you can see in the chart, over the last 20 years (a period that captures all of the commercial indexes), two…
…euro is unattractive: rising interest rates. Why does the stock market care? Because a lot of large US companies earn a substantial amount of their profits overseas, particularly in Europe….
As you can see in the chart below, earnings season is upon us. While 31 companies have already reported, a full 421 companies report in the next three weeks, leaving…
…the committee on financial markets is enormous. The committee meets 8 times a year and their statements are regularly the tastiest fodder for market commentary, financial news coverage and best…
…Lower oil prices are affecting nearly all companies throughout the supply chain from upstream producers who pull out hydrocarbons to downstream infrastructure and service companies. Right now, markets are waiting…
…have times like this even though there’s no way that we could pinpoint which economic surveys, earnings releases or contagious diseases would be the cause. Volatility and losses were, are,…