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  • Weighing The Week Ahead: What Do Higher U.S. Interest Rates Mean For Financial Markets?  [View article]
    Consumer credit in the US is pretty high right now at over $3.7 trillion (its a record of course). Here is the Federal Reserve Banks report to verify that number: http://1.usa.gov/1HL0nYa
    Nov 14, 2015. 07:30 PM | Likes Like |Link to Comment
  • About Vanguard Natural Resources And Its Distribution  [View article]
    Think back to previous wars, like this one: http://bit.ly/1WX2z0o or this one: http://bit.ly/1WX2z0q.

    Maybe those wars were before your time, but Israel beat some formidable combined Arab army, navy and air force groups in those conflicts. Recently, Iran's proxy warfare (via Hezbollah) using asymmetric warfare tactics has been successful against Israel though.
    Nov 13, 2015. 03:38 PM | Likes Like |Link to Comment
  • About Vanguard Natural Resources And Its Distribution  [View article]
    Didn't KSA run from the Iraqis in GW I? They have good equipment, but the KSA military can't even make a dent in Yemen.

    IMO KSA is very afraid of Iran in any case.
    Nov 13, 2015. 03:27 PM | 1 Like Like |Link to Comment
  • Weekly Market Update: S&P Surges To Within 1% Of All-Time Highs, Is Overbought And Ready For A Pullback  [View article]
    You would think people would have learned from the Metallgesellschaft AG energy futures disaster back in the 1990s. That is why they do case studies: http://bit.ly/1GZgfWU.

    And yet, we just refuse to learn.
    Nov 12, 2015. 04:37 PM | Likes Like |Link to Comment
  • Atlas Resource Partners EPS of -$5.73  [View news story]
    Thats the way I read it. No later than February 2016 IMO.
    Nov 11, 2015. 02:01 PM | Likes Like |Link to Comment
  • Atlas Resource Partners EPS of -$5.73  [View news story]
    Count on a dividend cut. Its just a matter of when.
    Nov 11, 2015. 01:47 PM | Likes Like |Link to Comment
  • Linn Energy: Making Sense Of The Q3 Results  [View article]
    That seems to be a big "no confidence" vote from the founder.
    Nov 6, 2015. 04:32 PM | 5 Likes Like |Link to Comment
  • Martin Midstream Partners misses by $0.23, misses on revenue  [View news story]
    The coverage ratio on the distribution improved to 82%. The distribution is $0.8125/unit--you missed a decimal point.
    Oct 30, 2015. 10:11 AM | Likes Like |Link to Comment
  • Vale: Don't Rule Out A Turnaround  [View article]
    I don't believe it will, although there will be political pressure to maintain the dividend.

    Brazil is real mess right now. I actually saw signs this week during a protest calling for their military to intervene. They are in their worst recession in over 25 years. I don't expect military intervention, but its not good to see that sort of despair.
    Oct 29, 2015. 01:29 PM | 2 Likes Like |Link to Comment
  • Vale: Don't Rule Out A Turnaround  [View article]
    Wait until Q1 of 2016 when Roy Hill starts serious production, BHP adds production in West Australia and of course there is VALE adding production. Lower prices ahead I would think.
    Oct 29, 2015. 01:23 PM | 1 Like Like |Link to Comment
  • CVR Partners misses by $0.21, misses on revenue  [View news story]
    That could happen (price below $8). This is the first time they have ever missed paying a distribution since the IPO. If you look at last year, it continued to drift downward with possible tax-loss selling hitting hard in December. And they paid a distribution then.
    Oct 29, 2015. 11:25 AM | Likes Like |Link to Comment
  • Vale: Don't Rule Out A Turnaround  [View article]
    A big problem with VALE is that the Brazilian government is the largest shareholder. So decisions are made with Brazilian national interests in mind and don't forget current Brazilian president Dilma Rouseff fired former CEO Roger Agnelli to make way for someone who wouldn't stand up to her.
    Oct 29, 2015. 10:57 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: FOMC Meeting In Focus  [View article]
    Large, driverless trucks are in use at some major mining operations. Codelco, Suncor and Rio Tinto are among those using the technology. Radar is used to detect objects in the roadway to avoid collisions and routes are controlled using high-precision GPS.
    I expect the big problem with implementing that technology with autos on the road is that there is no way to see that a child is about to run into the street, or that a cyclist is looking unsteady, or that a car alongside is weaving... well I think you get the idea. Driverless cars could happen someday, but I'm not seeing it anytime soon without a major breakthrough in AI.
    Oct 28, 2015. 10:37 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: FOMC Meeting In Focus  [View article]
    How much of the business done through the bank would have otherwise been lost to Japan-based companies? Is the bank a net negative or net positive for the US economy?
    Oct 28, 2015. 10:09 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: FOMC Meeting In Focus  [View article]
    CAT has used it too. I think it is helpful to them in competing with Komatsu that has access to the Japan ExIM Bank.
    Oct 28, 2015. 09:17 AM | 2 Likes Like |Link to Comment
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