Along the way, though, he sees the 10-year yield rising from its current position around 2.8 percent to 3 percent in 2015 before spiking to 7 percent in 2016, 8 percent the following year, then back down to 7 percent in 2018—the year he expects a recession to set in.
The bad news is that a 7 percent rate in the 10-year note looms out there, something that would put a severe crimp in the current debt-happy economy.
We had a very nice pop yesterday, ALU was up a penny and closed in the green. Do not get greedy with this stock it is going to be a very long ride.
Copper prices fell to their lowest level in four years on the Shanghai Futures Exchange on Monday, after tanking 5 percent, a move which analysts say underscores China's bleak outlook following weak data and the country's first ever corporate debt default.
Here is an investment strategy for you:
1.Buy all the stocks in the S&P 500 index, weighted by market cap.
2.Any time the Securities and Exchange Commission opens an investigation into one of those companies, sell its stock.1
That's it! I feel like that would be a good strategy, right? All the benefits of indexing, plus you get to occasionally trade on inside information. Oh, right, for this strategy to work, obviously, you'd need to know about SEC investigations as soon as they start; you can't just wait until the investigations are public.
So I guess the downside of this strategy is that, to use it, you need to work at the SEC. The upside, though, is that if you work at the SEC, this strategy is totally fine!
“There’s no roadblock in the talks,” the 57-year-old billionaire said in a phone interview in London, referring to a copper mine in Peru that Glencore put up for sale last year. “We are in discussions with a potential buyer and if we can get the right price we will go ahead and sell it.”
There will not be any war in Ukraine, just like there was not any war in Georgia. The US military has been cut and this president will just keep talking.
The Panama Canal and a Spanish-led consortium expanding the major maritime artery have reached a preliminary deal to complete work on a project stymied in a row over $1.6 billion in cost overruns, the canal's administrator said on Thursday.
Sales of new single-family homes surged to a 5½-year high in January, which could ease concerns of a sharp slowdown in the housing market.
Oil prices are poised to shoot through the top of recent ranges amid growing global demand and that could boost U.S. crude by some 36 percent from current levels, one analyst told CNBC
"Oil has been consolidating for several years in a sideways pattern and I believe that global demand is picking up and that's going to shoot it through the top of that range,"
With Facebook forking out $16 billion for WhatsApp, could 2014 be the year when most of us give up on texting and use instant messaging instead? And not just by using WhatsApp; what about SnapChat or Viber?
After all that for just a hold?
Will Amazon MFG these?
Amazon is gearing up to take on Apple and Roku, again.
Industry sources say Amazon is getting ready to launch a Web TV box that would compete with Apple TV and Roku’s line of products, which make it easy to move video from the Internet onto your TV.
People I’ve talked to who are partnering with Amazon believe the company is aiming for a March rollout.
That won’t be a huge shock, since Amazon has been working on a box for much of last year. The company had planned on launching one in time for the Christmas shopping season, then shelved those plans.
A box is also a logical move for Amazon, which is investing heavily to build up a Web video catalog, and is starting to produce its own shows as well. An Amazon box will allow its customers to easily watch that stuff on their TVs; it should also give other content providers a chance to serve up their stuff via apps, in the way that Roku and Apple TV boxes do.
Sources tell me Amazon’s box will be powered by Google’s Android operating system, which is also not a surprise — Amazon’s Kindle Fire tablets use a “forked” version of Android.
What I don’t know is whether the device Amazon is producing will also function as a gaming hub. As my colleague Eric Johnson reported yesterday, Amazon has been hiring game developers. And a report from Web site VG 247 last month this year asserted that Amazon was building an Android-based box that would play games, similar to the crowd-funded Ouya console that debuted last year.
You would think Elon Musk would look at a utility. He has Tesla and Solar City, and a utility would be a good fit. He could offer a 30% premium for EXC and buy it at $39.00 per share.