Investors have flocked to the energy sector. The momentum started in 2021 as oil prices began to ascend. The rally picked up velocity in 2022 as geopolitical crises and supply chain issues drove energy prices to multiyear highs. Oil trades above $100 a barrel for the first time since 2014. This move has traders dusting…
Russia’s invasion of Ukraine has dominated headlines. Rightfully so as this marks the largest military battle on European soil since 1945. Markets are on high alert as analysts and economists project the impact of the invasion on the global economy. One important story that has slipped under the radar is the results of China’s Two…
United States and European officials discussed the possibility of completely banning imports of Russian oil. The move, while not a surprise, sent energy prices skyrocketing. Russian crude accounts for 3% of American imports. The U.S. energy complex has seen money flow into the space. These companies are leading options to fill the void of Russia’s…
The pandemic accelerated the corporate world’s digital transformation. Enterprise cloud computing solution provider Salesforce.com (CRM) benefitted from the adoption. However, shares of CRM have fallen 30% from early November peaks. Valuation was a concern as investors headed for the hills in a rising rate environment. CRM saw additional headwinds around fears that orders were being…
The Guns of August is a historical non-fiction novel penned by Barbra Tuchman. It centers around the developments in the month leading up to World War I. It studies the French and German 1914 preparations for a war based on assumptions around the Franco-Prussian War in 1870. What they did not consider was how the…
Are you thinking about doing any home renovations? You may want to get a quote from a contractor first as prices continue to skyrocket. Would you be better off placing that money in the companies that are selling the materials to these contractors? Today, we review the two behemoths in this space. The pandemic represented…
Russia’s invasion of the Ukraine has changed the tenor of International politics. The transgression marks the biggest military conflict on Europe’s continent since World War II. Over the past 80 years, Europe refrained from arms races following two devastating wars. That may have changed. The European Union took unprecedented action by sending $500 million in…
This week, markets woke to news that Russia invaded its neighbor Ukraine. Tensions mounted for weeks. Most believed Russia would wait for the Olympics to end. Well, the closing ceremonies were Sunday and Putin wasted no time on his military threat. What is the impact on the global economy? The conflict impacts an already challenged…
Russia has invaded the Ukraine. Geopolitical chaos is driving oil toward $100 a barrel. Investors have flocked into energy plays in response. Energy as a group is up 17% in 2022. The second best performer? Financials which have lost only -1.8% of its value this year. As we discussed in our January 13 article, oil is the place…
Investors have been chasing the “smart money” for years. The term is loosely defined and can be a little insulting to retail investors. Perhaps a better way to define what investors are searching for is “deep pockets”. The idea that these smart investors simply have more capital that allows them to accept paper losses and…
