Short Treasurys on and off for the past several years, Jim Rogers is giving it another go. He's joined - for completely different reasons - by stock bull Jim Paulsen, who says the 30-plus year era of bonds offering competitive returns relative to stocks has probably ended. TLT -3.5% YTD. A favorite of the bond bears, TBT +6.4% YTD. [View news story]
Never been an environment like this but,ultimately.just like in housing,fortunes will be made and lost here.
I am short lt bonds for 2 years now and I have been too early I suppose butl,I trade some,never use leverage and keep a core position which I will add to when I think it's time!
No one knows for sure but there are several reasons,perpetual reasons why rates will go up and perhaps,we will experience the 70's for different reasons but,America is rife with all the requirements of a bubble set to burst!
"High-yield bond yields are lower than the S&P's earning yield for the first time ever," says a very bullish Oscar Schafer at the Barron's Roundtable (earlier). He says no one is talking about stocks at cocktail parties, but he does hear conversation about fixed income (that's some party). Pension funds hiding in bonds for "riskless returns" are in for a surprise. [View news story]
Reminds me of the bull market bubble we just experienced.All bubbles eventually implode.Counterfeit money=American dollar. Observe the German repatriation of Gold!
Targa Resources Partners Invests In Bakken Oil [View article]
This stock was "pummeled" after the announcement of a "secondary". The deal is large and in a market which has "punished" all MLP's in this quarter Targa held up until now! That is about 15% in a week!.
I am buying on the sell off as the fear that MLP's will lose their tax advantaged status seems over done!
The dividend is around 7.5% at current levels! Actually it is a "distribution!"
If you believe as I do that Natural Gas infrastructure and the ultimate shift to "shale oil" and natural gas is the future then owning a well managed company like Targa is a "no brainer"
The Treasury market is pricing in an Obama victory, says Janney's Guy LeBas, as southward-heading yields suggest no imminent change to monetary policy. Left unexplained by LeBas is how a Romney victory would change monetary policy. Besides, many suspect the Fed runs the President, not the other way around. [View news story]
I suppose that the earnings reports and the tens of thousands of layoffs already announced next year have "nothing" to do with it!
This is what a "bubble" looks like! How soon they forget!
If Romney should win,it will be interesting to see what this guy says!
Over the coming few days, SA (with the help of some expert contributors) will be interviewing three energy industry executives: Clarence Cazalot, CEO of Marathon Oil (MRO), Tom Ward, CEO of Sandridge Energy (SD), and Park Shaper, President of Kinder Morgan Energy Partners (KMP) - and we're asking readers to help us out. Please use this form to submit a question and we'll consider including it in an interview. [View news story]
We are supposedly the Saudi Arabia of natural gas. It seems that the biggest of America's problems could be solved if natural gas became the primary source of energy here. We would be energy independent and free. You can't be free when you are dependent on the very people who wish you harm. We are dependent for resources and debt service so,we are captive.
Many years ago when we used our own resources there were many unknowns,many risks that can be managed and are necessary to achieve the goal. Imagine no drilling for oil,no risk taking,no invention,no creativity. We would never have grown to provide the best quality of life in the world.
I know politics has in fact turned all of the above into a bankrupt country which has turned the American Dream into the American Nightmare for most.
Do you honestly foresee your industry providing fuel for transport as well as the jobs,the industry to empower a second industrial Revolution before it's too late?
There have been and are some risks but so were there risks in every other meaningful discovery that kept America strong,provided jobs,created security and empowered our quality of life.
Capitalism is all about people like you. Can you realistically get Natural Gas to be the freedom maker of Boone Pickens in time? Will you be able to get past the politics and regulations in time? When if at all will you get your invention and genius to actually be what the oil and gas industry amongst many others were for 250 years?
Short Treasurys on and off for the past several years, Jim Rogers is giving it another go. He's joined - for completely different reasons - by stock bull Jim Paulsen, who says the 30-plus year era of bonds offering competitive returns relative to stocks has probably ended. TLT -3.5% YTD. A favorite of the bond bears, TBT +6.4% YTD. [View news story]
I am short lt bonds for 2 years now and I have been too early I suppose butl,I trade some,never use leverage and keep a core position which I will add to when I think it's time!
No one knows for sure but there are several reasons,perpetual reasons why rates will go up and perhaps,we will experience the 70's for different reasons but,America is rife with all the requirements of a bubble set to burst!
"High-yield bond yields are lower than the S&P's earning yield for the first time ever," says a very bullish Oscar Schafer at the Barron's Roundtable (earlier). He says no one is talking about stocks at cocktail parties, but he does hear conversation about fixed income (that's some party). Pension funds hiding in bonds for "riskless returns" are in for a surprise. [View news story]
Targa Resources Partners Invests In Bakken Oil [View article]
I am buying on the sell off as the fear that MLP's will lose their tax advantaged status seems over done!
The dividend is around 7.5% at current levels! Actually it is a "distribution!"
If you believe as I do that Natural Gas infrastructure and the ultimate shift to "shale oil" and natural gas is the future then owning a well managed company like Targa is a "no brainer"
The Treasury market is pricing in an Obama victory, says Janney's Guy LeBas, as southward-heading yields suggest no imminent change to monetary policy. Left unexplained by LeBas is how a Romney victory would change monetary policy. Besides, many suspect the Fed runs the President, not the other way around. [View news story]
This is what a "bubble" looks like! How soon they forget!
If Romney should win,it will be interesting to see what this guy says!
Baker Hughes (BHI): Q1 EPS of $0.86 beats by $0.06. Revenue of $5.36B (+18.3% Y/Y) beats by $110M. (PR) [View news story]
Baker has been murdered this year and a .o6 beat for the quarter is big!! Revenue+ 18.3%!!
Yes,I am long Baker!!
Over the coming few days, SA (with the help of some expert contributors) will be interviewing three energy industry executives: Clarence Cazalot, CEO of Marathon Oil (MRO), Tom Ward, CEO of Sandridge Energy (SD), and Park Shaper, President of Kinder Morgan Energy Partners (KMP) - and we're asking readers to help us out. Please use this form to submit a question and we'll consider including it in an interview. [View news story]
Many years ago when we used our own resources there were many unknowns,many risks that can be managed and are necessary to achieve the goal. Imagine no drilling for oil,no risk taking,no invention,no creativity. We would never have grown to provide the best quality of life in the world.
I know politics has in fact turned all of the above into a bankrupt country which has turned the American Dream into the American Nightmare for most.
Do you honestly foresee your industry providing fuel for transport as well as the jobs,the industry to empower a second industrial Revolution before it's too late?
There have been and are some risks but so were there risks in every other meaningful discovery that kept America strong,provided jobs,created security and empowered our quality of life.
Capitalism is all about people like you. Can you realistically get Natural Gas to be the freedom maker of Boone Pickens in time? Will you be able to get past the politics and regulations in time? When if at all will you get your invention and genius to actually be what the oil and gas industry amongst many others were for 250 years?