Monday, November 18, 2024
Soaring fuel prices have boosted inflation to a year-over-year increase of 8.6%, the highest level since 1981! And there is more to come: the lack of refining capacity is expected to drive up U.S. gasoline prices by more than a dollar, to $6 a gallon by August as oil and oil related products continue to […]
There is an asset class that’s worth around $3 trillion in the United States. Yet, it is completely ignored by Wall Street and is rarely on investors’ radar screens. The asset class I’m talking about is farmland. No matter the current economic There are already a lot of people to feed—about 7.9 billion—and that number […]
A recent Financial Times article described the situation perfectly: “The world’s largest gas traders are scrambling to secure liquefied natural gas tankers ahead of winter after sanctions on Russia following its invasion of Ukraine triggered a reshaping of global energy flows.” It’s a great time to be an LNG shipper. The European Union has vowed […]
“Big Oil” is the term used to describe the world’s six largest, publicly-traded oil and natural gas producers—BP, Chevron, Italy’s Eni, ExxonMobil, Shell, and TotalEnergies. Of the Big Oil companies, France’s TotalEnergies (TTE) is perhaps the most interesting of the world’s major oil companies. Here’s why… On the one hand, TotalEnergies has yet fully exit […]
Self-storage real estate investment trusts (REITs) own, operate, and manage mini-warehouse storage facilities at which people pay to store items they do not need immediately, but do not want to discard. Recently, investors have not stored these shares for safekeeping in their portfolio. Instead, they have sent the stocks of self-storage operators straight to the […]
As I told you in early March and again in April, the war in Ukraine has put a lot of focus on the global energy markets, especially the market for liquified natural gas (LNG). Traders from the usual leading buyers of LNG globally—the Asian countries of China, Japan and South Korea—have been forced to compete […]
2022 has certainly brought about a change in market sentiment. No longer favored are the “to the moon” technology companies boasting about how they were “disruptors” with fast growth. To say the least, many of these firms were big on promises, but delivered few real results. Back into favor are the companies almost forgotten by […]
Wall Street analysts would have you believe that the global supply chain problems will be over with soon. Spoiler alert: they will not. We have many months before the supply chain issues abate. The demand for physical goods that began during the pandemic only highlighted the infrastructure shortcomings that could take years to fix. Investors […]
The Russian invasion of Ukraine has awakened other countries in Europe, which now realize they must recalibrate their security strategies and increase defense spending. Even Germany, despite the pacifist strategy it has followed since the end of World War II, said it would sharply increase its spending on defense to more than 2% of its […]
For well over 20 years, shareholders of GlaxoSmithKline PLC (GSK) have been on a long journey to nowhere, with the pharmaceutical company lagging well behind its peers. That’s why activist investor Elliott Management has been pushing the company to come up with a plan to correct years of stock price underperformance and operational drift. The […]
