Unemployment is low. Wages are rising. Consumer spending is up. Good news for retailers, right?Not necessarily. Plenty of retailers are getting hammered, and so are their stocks.Times like these are ripe with opportunity, especially for an analyst who knows how to make money on both winners and losers in an… Read More
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Investors may have some big decisions to make in the next few days as the stock market reacts to an increasingly likely rate hike from the Fed, perhaps as soon as next week. So, in this column, let’s take a look at the stock market and identify the major reason why… Read More
The Enbridge-Spectra mega-merger has left unitholders of the latter’s MLP subsidiary wondering what’s next. Read More
Enbridge’s audacious bid for Spectra will create a continent-beating midstream empire, but leverage is still a big concern. Read More
Like most people, I listen to music while on the treadmill at the gym. What I don’t enjoy is untangling the knot of headphone cords that somehow forms during the five minute walk from my house to the YMCA.It’s not a major aggravation, but I have considered wireless headphones to… Read More
You know that song, “It’s the Most Wonderful Time of the Year”?For many of us, it’s not about the Christmas season. It’s about a season that begins tonight.Because tonight the NFL season kicks off (Broncos versus Panthers, 8:30 p.m. on NBC).Look, I love baseball; its near-daily games are stitched into… Read More
Spectra’s $28 billion merger with Canada’s Enbridge will crown a new midstream leader. Read More
Two important stories you may have missed: New Pipeline Giant Prepares For Energy Rebound When a sector goes through a brutal correction, weaker companies go broke or get acquired, leaving the strongest ones in great shape for the next growth cycle. An even more compelling story is when strong ones merger—– and that’s… Read More
Less than three months ago global markets teetered on the news that the U.K. had voted to exit the European Union. Talking heads fretted that the already struggling European economy would grind to a halt.But on Monday a survey showed a powerful rebound in the U.K. service sector, surprising investors… Read More
Phillips 66 shares have held up much better than those of its rivals as Berkshire-Hathaway keeps adding to its major stake. Read More
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