Here’s why this trader is piling back into one of the year’s hottest commodities

The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX investors this year, as pandemic fallout has been compounded by Russia’s brutal and deadly invasion of Ukraine that has seemingly driven up prices of everything. While still an ugly month, stocks saw a … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more

Petro and Colombia’s Rule of Law

Former M-19 rebel Gustavo Petro won Colombia’s runoff presidential election Sunday with 50.5% of the vote. His opponent, businessman Rodolfo Hernández, received 47.3%. The rest of the votes were either left intentionally blank or annulled by electoral authorities. With nearly half of all voters declining to endorse Mr. Petro, there is no mandate for radical … Read more

Breaking the Biden Age Taboo

A pastime around our office in early 2021 was guessing when Democrats would begin to point out that President Biden was too old for the job and should pack it in. The consensus was after a drubbing in the midterm election, but congrats to the colleague (he knows who he is) who figured sometime early … Read more

Texas A & M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Texas A & M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Texas A & M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Commodity Chaos From Ukraine War Sends Trafigura to Record $ 2.7 Billion Profit

The privately held commodities merchant earned $ 2.7 billion in net profit on $ 170.6 billion in revenue in the six months through March, it said Friday. Profit was 29% higher than in the same period a year earlier, making Trafigura a winner from a stretch of massive volatility in energy and metal prices. Two-thirds … Read more

The Chinese Navy’s Great Leap Forward

Cambodian navy crew stand on a patrol boat at the Ream Naval Base in Sihanoukville, southwest of Phnom Penh, Cambodia, July 26, 2019. Photo: Heng Sinith/Associated Press First by stealth, then by degrees, and now by great leaps, China is building a blue water navy and a network of bases to extend its military and … Read more

The Chinese Navy’s Great Leap Forward

Cambodian navy crew stand on a patrol boat at the Ream Naval Base in Sihanoukville, southwest of Phnom Penh, Cambodia, July 26, 2019. Photo: Heng Sinith/Associated Press First by stealth, then by degrees, and now by great leaps, China is building a blue water navy and a network of bases to extend its military and … Read more