Author: Kevin Bae
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White House urges OPEC to boost production
The White House urged OPEC to boost oil production Wednesday, saying recent planned increases are insufficient as countries around the world seek to emerge from the Covid-19 pandemic. National security adviser Jake Sullivan said in a statement that recent planned production increases by the Organization of the Petroleum Exporting Countries would “not fully offset previous production cuts”…
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Is Oaktree Specialty Lending (OCSL) a Good Fit for “Trend Investing”?
According to Zacks Equity Research it is. Find out if this company is the right fit for your portfolio. A solid price increase over a period of 12 weeks reflects investors’ continued willingness to pay more for the potential upside in a stock. OCSL is quite a good fit in this regard, gaining 9% over…
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Schall Law Firm investigating Höegh LNG Partners for violations of securities laws
Seems the company may have engaged in false or misleading statements which could have caused share prices to plunge 65%. The stock price is still going down perhaps on the news of this investigation. I’m still holding my position because at this point I think I would be better off riding this out. If you…
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August 9, 2021
I’m in a bit of a mood but still get through the podcast. High yield portfolio still trying to recover and much more!
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Unemployment drops to 5.4% on strong jobs report
U.S. nonfarm payrolls rose by a seasonally adjusted 943,000 in July, from June’s upwardly revised gain of 938,000, the Labor Department said Friday. The July jobs increase was the largest since August 2020. The unemployment rate, derived from a separate survey of households, fell to 5.4% in July from 5.9% in June. The number of Americans working…
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Exxon considers pledge to be carbon zero 2050
A lot can happen in 30 years and considering to make a pledge is different than making a pledge. I expect they may make this pledge but it’s more an effort to placate new board members than anything serious. In March 2020, Exxon Chief Executive Darren Woods described ambitious carbon reduction targets made by some European rivals…