Bob, although interest rates will rise in 2015 , I feel it will be VERY modest.
As there is NO inflation problem, there is very little need to raise interest rates. Maybe 25 basis points in Sept. So reits may be played by traders on TV hype of interest rates , reality is a very benign 2015 in that respect.. Virtually all the major economies are unable to get inflation up to their target levels
Why on earth should Saudi cut production so others can benefit. Either all cut or none is the Saudi attitude.
No one knows what the oil price will be. Too many factors that may or may not happen. Two major factors are, reduction in rate of US growth of shale oil, and whether OPEC and non OPEC will ALL agree to a production cut. Saudi will NOT act alone as the white knight.
gld, I don't believe the Saudis must take all the pain of cutting production. All producers must cut., and if they don't, Saudi will not, until they do.
Keebon, KNOP is my single biggest holding. As you say boring, but in these times I went, for a stable long term, growth company. What I like is their 5 year plus contracts in place and the odd drop down of a shuttle tanker , with a contract, from Knot. Will review TOO.
I will re iterate again what I said regarding a previous spat on the board. We are here to share ideas, good or bad. It is up to us to decide what or what not to invest in. Peripheral emotional issues are irrelevant, as is individual performance. As long as we stick to basics of sharing , this will be stellar board with a lot of expertise and experience to go around.
Gumby, I do have an American wife. Sasol , quoted on NYSE does the oil from coal process. Petrol/ diesel prices regulated by being benchmarked at international norms, plus a hefty local tax.
I think you have enough criminals in gov. Will be delighted to send her to you. One less corrupt person in South Africa. She has been implicated in at least one murder, and many fraudulent activities.
Seeing as none of you can find a new leader, how about Cruz and Palin. That should shake up the world.
Cramer is always late to the party. He is an " entertainer" , not a analysts backside. He does have a following of village idiots.