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Mplx: an opportunity for income-seeking investors
In the last five years, thanks to distributions, the partnership has enjoyed a 64% TUR compared to 56% for the S&P 500. The business model de-risks it...
May 16, 2023, 5:22 am
Irobot: merger risks-reward balancing, taking profits (rating upgrade)
At the end of March, I recommended avoiding or shorting IRBT shares despite the potential tie-up with Amazon. Shares have since plunged another 20%+, ...
May 16, 2023, 5:01 am
Rba minutes: further hikes may still be required
Minutes of RBA’s May meeting revealed a detailed discussion where Board members weighed the pros and cons of keeping cash rate unchanged or increasi...
May 16, 2023, 3:45 am
Forexlive asia-pacific fx news wrap: china economic activity data miss expectations
Poll shows 62 of 62 analysts expect a 25bp European Central Bank rate hike in June"New Zealand set to reveal bigger deficit in 'no frills' 2023-24 bud...
May 16, 2023, 2:58 am
Aud, nzd, cad, eur all lower after the disappointing china data
The data from China was a miss across the board:China April Industrial output 5.6% y/y (expected +10.9%) Retail sales 18.4% y/y (21.0%)While an improv...
May 16, 2023, 2:20 am
Aud/usd drops below 0.6700 amid less-hawkish rba minutes, us debt-ceiling talks in focus
AUD/USD has slipped below 0.6700 as RBA minutes indicate that a rate hike was announced due to inflation risks. Australia’s quarterly labor cost ind...
May 16, 2023, 1:59 am
Aud/usd little changed after the rba minutes
The minutes are here:RBA May meeting minutes: Little room for upside risks to inflationThe Reserve Bank...
May 16, 2023, 1:43 am
Rba may meeting minutes: little room for upside risks to inflation
Reserve Bank of Australia May 2023 meeting minutes.Headlines via Reuters: Board considered pausing or hiking 25 basis points in May policy decisionFur...
May 16, 2023, 1:31 am
Threat of disruption to canada's main oil-producing region is rising - wildfires
You may recall this from a couple of weeks ago:Canadian province of Alberta declares wildfire emergency (major oil producer)The situation has worsened...
May 15, 2023, 11:49 pm
Precious-gold prices firm as economic risks persist
May 15 (Reuters) – Gold prices rose on Monday as the U.S. debt ceiling stalemate and concerns over an economic slowdown steered some traders towards...
May 15, 2023, 9:59 pm
Westpac forecasts rbnz will raise cash rate to 6%, keep it there until mid-2024
Westpac in New Zealand are forecasting the Reserve Bank of New Zealand cash rate target to 6% by August. WPAC say:by mid-2024 it should be clearer tha...
May 15, 2023, 9:03 pm
Fed's barr says us banking system remains sound, resilient, deposits are safe
Federal Reserve Vice Chair for Supervision Michael Barr - from testimony posted on the Fed's website: U.S. banking system remains sound and resilient,...
May 15, 2023, 8:15 pm
Greystone housing: upgrading despite risks
In our last article for Greystone Housing, we felt the stock was overvalued relative to its prospects. We showed that the base business was producing ...
May 15, 2023, 5:52 pm
Bullish triple play with vea: earnings, valuation, technicals make an upside case
Foreign developed equities have outperformed most areas of the global market this year. With solid earnings trends despite macro...
May 15, 2023, 4:32 pm
Usd/jpy price outlook: yen eases on improved inflation data but risks accrue
The yen has surrendered gains against a rather resurgent dollar but increasing geopolitical risks bring...
May 15, 2023, 2:36 pm
Pacific premier bancorp: over 7% dividend yield but risks are too high
Both the loan balance and the net interest margin will likely remain somewhat stable for the remainder of the year following poor performance in the f...
May 15, 2023, 1:17 pm
Mueller industries is a hold with upside potential
Our bullish opinion about the company is tempered momentarily by its close ties to the global and national economy, about which talk of a crash prevai...
May 15, 2023, 10:03 am
Broadstone net lease: good on all levels, but unproven
BNL is a diversified net lease REIT similar to WPC. Its operational metrics are stellar, but given its very short track record, there are...
May 15, 2023, 8:27 am
Precious-gold prices tick higher as economic risks persist
May 15 (Reuters) – Gold prices edged up on Monday as the U.S. debt ceiling stalemate and concerns of an economic slowdown steered some traders towar...
May 15, 2023, 5:14 am
Us debt ceiling crisis: consequences for economy and social welfare
US debt default risks recession, job losses, and global impact; Treasury Secretary warns of delays, cre...
May 15, 2023, 4:51 am