Chasing the Yield
Investing for income through dividends and distributions
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3M loses another bellwether case involving solid earplugs
The average settlement per bellwether plaintiff — including the one who lost his case — is well over $1 million. Multiply that times the number of cases pending and 3M could be liable for damages in the hundreds of billions of dollars, plaintiffs’ attorney say. “They are staring down the barrel of over 200,000 cases,”…
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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…