ETF Talk

The Scariest Number For The Oil Industry: $550 Billion

Tyler Durden:  Just over half a trillion dollars: that’s how much cash oil industry companies will need to repay in maturing debt over the next 5 years. Specifically, according to BMI Research cited by Bloomberg, there is $72 billion in oil-related debt maturing this year, $85 billion in 2016...

The Coca-Cola Co (KO): Inside Warren Buffett’s Coke Obsession

Bob Ciura:  Warren Buffett, chairman and CEO of Berkshire Hathaway (NYSE:BRK-B), is arguably the greatest investor of all time. He has generated incredible investment returns for himself and Berkshire’s shareholders, becoming one of the richest people in the world in the process. And yet, when...

Freeport-McMoRan Inc (FCX) Surges After Carl Icahn Goes Activist

Tyler Durden:    One of the biggest casualties of the Chinese economic crash, and the resultant collapse in copper prices to 6 year lows, has been Phoenix-based copper mining giant Freeport-McMoRan Inc (NYSE:FCX) , whose stock had cratered from a 52-week high of $36 to just under $8 as of a few...

Knowing When To Hold’em and When To Fold ‘em

Michael Fabian:  Volatile markets like these always remind me how much personal wealth can be gained or lost from hysterical or knee-jerk decision making.  When 2-4% gaps become common place; the feeling of “investing” quickly goes out the window.  That empty space begins to fill with...

Coffee Sales Perk Up J M Smucker Co (SJM) Earnings

Bob Ciura:  Consumer products giant The J.M. Smucker Co. (NYSE:SJM) saw its stock price jump 7% on Thursday after the company posted better-than-expected quarterly results before the opening bell. Smucker has rewarded investors with some tasty gains in recent months. The stock is up 15% just...

What China’s Treasury Liquidation Means: $1 Trillion QE In Reverse

Tyler Durden:   Earlier today, Bloomberg – citing the ubiquitous “people familiar with the matter” – confirmed what we’ve been pounding the table on for months; namely that China is liquidating its UST holdings.  As we outlined in July, from the first of the year through June, China looked to...

July Real Disposable Income Per Capita Rose 0.31%

Doug Short: With the release of today’s report on July Personal Incomes and Outlays we can now take a closer look at “Real” Disposable Personal Income Per Capita. The first chart shows both the nominal per capita disposable income and the real (inflation-adjusted) equivalent since 2000. This...

Real Estate: The Downside Risk In 20 Major U.S. Cities

Harry Dent:  I like to practice what I preach. I don’t own my home. I rent. I’ve been renting my house in Tampa since October 2005, because I’ve seen what’s coming – the bursting of the greatest real estate bubble in modern history. I don’t want to get caught up in the storm when it hits… and I...

Oil Surges To $45 After Saudi Troops Invade Yemen

Tyler Durden:  For the 3rd day in a row, crude oil prices are spiking as the short squeeze morphs into a war premium.  Heberler reports that Saudi ground troops have entered Northern Yemen and seized control of two areas in the Saada province. WTI is now above $45. As we noted previously, boots...