The selloff in U.S. financials and global bank stocks looks overdone. Read More
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Cryptic remarks by Fed Chair Janet Yellen this week regarding future rate hikes caused the stock market to dither, but lit a fire under the bond market. The yield on the 30-year Treasury bond dropped from more than 2.75% last Friday to less than 2.50% when Yellen admitted during congressional… Read More
Market turmoil doesn’t always indicate an imminent recession. Read More
The leading independent oil and gas producer finally slashed its dividend and spending plans, but at least survival isn’t in doubt. Read More
Amid the wailing over low oil prices, EQT Midstream and Spectra Energy Partners posted strong quarterly results. Read More
Amid the wailing over low oil prices, EQT Midstream and Spectra Energy Partners posted strong quarterly results. Plus: Energy Transfer’s Lousy Timing. Read More
It had to happen sooner or later; after soundly beating the overall market in 2015, the tech sector is now taking its turn under the harsh glare of market scrutiny. As a result, the tech-heavy NASDAQ Composite Index declined 5.5% the first week of February, coming on the heels of… Read More
Amid rising rates and volatile markets, utilities that are prudent about debt will preserve their value best. Read More
The Canadian dollar just did an about-face. Read More
One of my favorite war stories is “The Man Who Never Was,” about a British scheme to deceive the Nazis during World War II by planting misinformation about an upcoming invasion on a corpse made to appear to be a drowned naval officer, the non-existent Royal Marine Major William Martin. Read More
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