Category: Blog

  • Would you invest in SPACs?

    Would you invest in SPACs?

    I know investors have made a ton of money doing this lately but it just seems a little scammy to me. It’s like a back door to an IPO without all the scrutiny and regulatory protections. I’m still studying this phenomenon. For private companies, SPACs offer a streamlined alternative to initial public offerings. A SPAC […]

  • Eco-activist investors win at least 2 seats on Exxon board

    Eco-activist investors win at least 2 seats on Exxon board

    This will have to be watched closely. Hopefully this doesn’t impact the profitability and the dividend of the company. An activist investor won at least two seats on the board of Exxon Mobil Corp. XOM 1.17% , a historic defeat for the oil giant that will likely force it to alter its fossil-fuel focused strategy […]

  • Exxon under attack from eco-activist investors

    Exxon under attack from eco-activist investors

    There is a group of shareholders that want Exxon to shift its focus away from oil and gas due to their concerns about climate change. I think there are enough oil companies already heading down that path and Exxon is correct in wanting to hold the course. They can dip their toes in the clean […]

  • Investors jumping into risky bundled collateralized loans

    Investors jumping into risky bundled collateralized loans

    This smells of what happened just prior to the 2008 global economic recession. Issuance of new collateralized loan obligations, which buy up loans to companies with junk credit ratings and package them into securities, totaled over $59 billion as of May 20, according to data from S&P Global Market Intelligence’s’ LCD. That is the highest ever figure […]

  • Oil companies increasing their footprint in renewables

    Oil companies increasing their footprint in renewables

    I’m not big on renewable sources of energy. I’m in the camp that thinks they are not reliable enough to be a consistent supply of energy. I would like to see nuclear embraced more. All that said, oil companies are not standing still. European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and […]

  • The Yield – Week ending May 21, 2021

    The Yield – Week ending May 21, 2021

    J&J, record billions into stocks, Target news, Fed expectations and more

  • The Fed lowers expectations for job growth in May

    The Fed lowers expectations for job growth in May

    Let’s hope this is still a temporary situation due to all the chaos caused by the COVID-19 shutdowns. The quicker things return to normal the better for everyone. Federal Reserve officials and new Dallas Fed data have begun lowering expectations for May jobs growth in the United States as business hiring plans continue to outrun […]

  • Microsoft will discontinue Internet Explorer

    Microsoft will discontinue Internet Explorer

    I think the user base largely took care of this for them. Who still uses IE? Edge is a great browser and it’s the one I’m using right now. Google needs to get a handle on Chrome. It’s a mess of a browser that is way too resource intensive. Internet Explorer has faded gradually from […]

  • Target reports huge jump in sales and store visits

    Target reports huge jump in sales and store visits

    This is big news for Target and probably a result of the huge stimulus passed by Congress. I expect things to settle down with companies like Target and Walmart once we get out of stimulus mode where the government isn’t printing so much money. For now, investors in Target like myself are benefiting. Target Corp. reported robust […]

  • $32 billion flowed into bank stocks this year. A record.

    $32 billion flowed into bank stocks this year. A record.

    The reason my portfolio is a little heavy in financials is in this Wall Street Journal article. The stocks are relatively cheap and they pay a decent dividend. Almost every single stock I own in the financial sector is up by at least 5%. All of them have dividend yields over 2%. I don’t own […]