Category: Blog
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The Yield – Week ending June 18, 2021
Stocks drop for the week, oil prices hit a high, jobless claims increase, the year of the individual investor, Microsoft names new board chairman, IBM closes an acquisition, Sonoco expands recycling, and Verizon gets a contract. All that including my weekly portfolio update and dividend news
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Jobless claims on the rise
Is this something to worry about or a temporary blip? My guess is that it’s a temporary blip. I don’t expect anything near normal with the economy and employment until some time next year. It is a little odd though with so many jobs open that there would be more an increase in unemployment filings.…
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Crude oil prices hit it’s highest price in 2 1/2 years
The thinking I guess is that investors are pouring money into renewable energy generation and keeping oil production low. This would keep supply low during current and/or rising demand which will keep the price of oil elevated for the time being. I don’t think anyone can really tell what will happen over the next year…
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The Yield – Week ending June 11, 2021
Rebalancing portfolios, pie charts, inflation fears, oil prices, banks & cash, more inflation news, and much much more
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Inflation surges in May. Highest rate in 13 years
I still believe this is temporary. This inflation is largely caused by government shutdowns and changes in consumer behavior as we adjust to living post-COVID-19. While short term inflation is a pain it’s the long term effect of behavior and government policy that needs to be monitored. Strap in folks! The U.S. economy’s rebound from…
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U.S. Banks to business… stop depositing cash
Turns out banks can’t make money off hoards of cash if businesses aren’t borrowing that same cash. If I were currently running a business and I’m flush with cash there is virtually no risk to borrowing cash for operations. Interest rates are very low which would allow a business to invest its cash and still…
