Chasing the Yield
Investing for income through dividends and distributions
-
Biden Administration suspends oil leases in the Arctic
This is why I don’t like Executive Orders. They don’t promote stability. Everyone is subject to the whims of who ever is in office. Allow drilling… don’t allow drilling… and on and on. Just keep the rules consistent so business knows what it can and cannot do. Think of the investments wasted. The Biden administration…
-
Oil prices jump over $70 a barrel today
This explains why my oil stocks jumped today as well. The price of oil was on course Tuesday to close above $70 a barrel for the first time in two years on investors’ optimism that improving oil demand and a dwindling supply glut may mean the market can absorb any additional supply from OPEC and…
-
New ETF bets on interest rate rise
Inflation continues to be on the mind of investors and they’re shifting their strategies to mitigate any drastic change. There is also a looming mistrust of Fed policy with regard to interest rates. Simplify Asset Management recently launched the Interest Rate Hedge ETF, which will seek to take advantage of what its backers see as a…
-
Update: Supreme Court refuses to hear J&J appeal
I’m sure that will cause the stock to decline just a bit. The Supreme Court on Tuesday declined to consider a Johnson & Johnson appeal that sought to challenge a $2.1 billion civil judgment awarded to 20 women who alleged the company’s talcum baby powder caused ovarian cancer. The court rejected the J&J appeal in a…
-
Johnson & Johnson makes an appeal to the U.S. Supreme Court to review baby powder verdict
J&J is asking the court to review the verdict in which a $2 billion verdict was handed down by a jury regarding J&J’s baby powder product. The court could decide as soon as Tuesday if they will hear the case. Johnson & Johnson is asking for a Supreme Court review of a $2 billion verdict…
-
The Yield – Week ending May 28, 2021
Oil companies & renewables, risky bundled loans, Exxon board seats, I-Bonds, and more