10 Emerging Real Estate Trends in 2021
Real estate, like nearly every aspect of our lives, took plenty of blows during the pandemic. People fled big cities and, freed up by working remotely, clamored for homes in the suburbs. Locked-down families craved more space, landlords fretted…
3 Stocks To Forget
To prove that beaten-up doesn't always mean attractively priced, today we're featuring three no-moat stocks that have all lost more than 20% this year but still look expensive to us, based on their Morningstar Ratings for stocks. As the updates…
Infrastructure Bill Proposes New Crypto Reporting Requirements
U.S. Senate has passed the “Build America Act of 2021,” also known as the bipartisan infrastructure bill, that includes new reporting for cryptocurrency transactions and brokers of cryptocurrency and provides for non-compliance penalties.…
New Mexico’s Permian Output Rises – Will A Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic. The southwestern state produced about 4% more crude in the month to reach a record 1.22…
How To Insure An Investment Portfolio
Most people are failing to safeguard their investment portfolios in the same way that they’re protecting their homes or cars. For most of the past 50-plus years, investors could balance their risk profiles simply by putting their money in…
Natural Gas Becomes Summer’s Hottest Commodity – Price Above $4 Again
Natural gas markets have gapped higher to kick off the trading session on Wednesday, and then shot straight up in the air. By doing so, we have cleared the most recent highs and now look likely to go towards the $4.40 level, an area that I…
U.S. Rig Activity Climbs As Oil Prices Rise
U.S. energy firms added oil and natural gas rigs for a fourth week in a row for the first time since May, spurred by higher oil prices. Oil prices are up 48% so far this year, several energy firms have said they plan to raise spending, which…
Robinhood Clinches $32 Billion IPO Ahead of Nasdaq Debut
Robinhood's stock will begin trading Thursday on Wall Street, the very place the online brokerage has rattled with its stated goal of democratizing finance. Through its app, Robinhood has introduced millions to investing and reshaped the brokerage…
Housing Boom Is Over As New Home Sales Fall To Pandemic Low
Sales of newly built homes dropped in June to the lowest level since the early days of the coronavirus pandemic in April 2020, according to data released by the U.S. Census Bureau on Monday.
Sales of new single family homes fell to an annualized…
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
The Whiptail discovery in the Stabroek Block adds to more than a dozen discoveries on the…