2MuchDebt

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  • Larry Fink applies to be Treasury Secretary  [View news story]
    Title of this post is misleading even if it is in good fun: "Larry Fink applies to be Treasury Secretary". This is just a follow up on the recent long-termism story.
    Feb 3, 2016. 08:49 AM | 2 Likes Like |Link to Comment
  • Larry Fink applies to be Treasury Secretary  [View news story]
    I was just about to post that typo!
    Feb 3, 2016. 08:45 AM | Likes Like |Link to Comment
  • BHP credit rating cut at S&P, Rio Tinto may be next  [View news story]
    "The rating was lowered to A from A+". This is a snippet from the article. Carl: please correct in the SA post.
    Feb 1, 2016. 04:30 PM | 1 Like Like |Link to Comment
  • Apple posts mixed results, issues light guidance  [View news story]
    Revenue miss is less than 1% of total revenue. Not a big miss on a relative basis, but nevertheless a miss. Revenue still up year over year. Revenue guidance is the bigger item here if anything. Still, massively profitable company with growth; not a bad thing in this environment! Keep in mind, Apple is off approximately 25% from all time highs so some of this was already baked into the price.
    Jan 26, 2016. 04:43 PM | 12 Likes Like |Link to Comment
  • Chesapeake Energy suspends preferred stock dividends  [View news story]
    If bankruptcy was a possible scenario in the future, you're saying they'd retain the money and do what with it exactly? They may be trying to avoid bankruptcy, which would be the most prudent course of action. Reducing debt, particularly near-term maturity debt, is a good start. I'm not sure I'd go as far as to say they will be fine.
    Jan 22, 2016. 09:02 AM | 10 Likes Like |Link to Comment
  • Kinder Morgan +21% as investors cheer defensive moves  [View news story]
    KMI is still below $14/share... Not much of an argument except for 1 day's gain.
    Jan 21, 2016. 04:59 PM | 3 Likes Like |Link to Comment
  • China GDP growth sinks to 25-year low  [View news story]
    @DrewMcVay: Thank you! My thoughts exactly. Run for the exits and sell stocks globally; China is still experiencing rapid growth throughout its economy!
    Jan 19, 2016. 08:50 AM | Likes Like |Link to Comment
  • Iran releases detained U.S. sailors  [View news story]
    Very good news
    Jan 13, 2016. 10:39 AM | Likes Like |Link to Comment
  • BofA: Declining rail traffic offers worrying sign about U.S. economy  [View news story]
    @Han So Low: that explains part of the decline. Another part is due to lower commodity driven volume. This is a fairly unprecedented time for the commodity space in relation to the U.S. economy and therefore BofA's report should be read with the right perspective.
    Jan 12, 2016. 09:16 AM | Likes Like |Link to Comment
  • Moody’s downgrades Williams, cuts outlook for Energy Transfer  [View news story]
    Moody's rated the banks and investment firms too generously leading up to the financial crisis in 2008/2009. Has Moody's ever been too harsh in its ratings? Something to ponder...
    Jan 11, 2016. 09:16 AM | 1 Like Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    @The Delivery Guy: And investing in unfavorable sectors leaves money on the table (staples and internet companies are driving the market and have been for years). You can keep investing in money losing oil & gas if you'd like. You will make your money back eventually, but you're definitely missing out on much better opportunities in the meantime. Just because something goes down doesn't mean it'll revert back to the mean in the near term or at all. The price of WTI was $115/barrel in early 1980 and dropped to $16/barrel by late 1998 and didn't recoup all of its losses (back up to $115/barrel) until mid-2008. If you invested in WTI in 1987 and held until 2003, 16 years, an investor wouldn't have made any money in oil while missing some large gains in other sectors or the S&P 500 index. I think the domestic oil majors will hold up pretty well at this point though as the diversity of their operations will help offset the fall in crude. Good luck with your investments.
    Jan 7, 2016. 09:38 AM | 3 Likes Like |Link to Comment
  • Is oil in the $20s an inevitable reality?  [View news story]
    People said that on SA throughout 2015 and yet oil and XLE are lower still.
    Jan 7, 2016. 09:03 AM | Likes Like |Link to Comment
  • U.S. Economy added 257K jobs in December  [View news story]
    @Rob Miller: U.S. car sales in 2015 jumped to a record, clearing a peak last reached 15 years ago (at 17.4 million) as cheap gasoline, employment gains and low interest rates spurred Americans to snap up new vehicles. In all, auto makers sold 17.5 million cars and light trucks in the U.S. last year, a 5.7% increase year-over-year, and on average paid more for each one. Certain auto makers had their best December sales on record and seasonal adjusted annual selling pace in December was 17.3 million. Using auto sales to try to make your case that the economy is contracting doesn't work as it goes against the numbers and trends.

    http://bit.ly/1PKq9ft
    Jan 6, 2016. 10:06 AM | 1 Like Like |Link to Comment
  • Why 2016 May Not Be Such A Good Year For The Markets  [View article]
    AMZN and NFLX did incredibly well in 2015.
    Dec 26, 2015. 01:29 PM | Likes Like |Link to Comment
  • Amazon reportedly looking to lease or buy 20 Boeing 767 jets  [View news story]
    This SA news post talks about the costs to operate the planes, but what about the revenue from shipping charges? And as previously mentioned by an earlier post, Amazon can possibly ship for other companies too competing against UPS and FedEx.
    Dec 18, 2015. 09:11 AM | Likes Like |Link to Comment
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