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CharlesStevens

CharlesStevens
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  • Iranian Politics Will Ultimately Knock Down Oil Prices [View article]
    "Failure by the clerics to act on the economy could result in a real war, a civil war, with both liberals and Ahmadinejad united against clerical rule. That, too, would reduce the risk premium by focusing Iranian attention inward."

    Interesting piece, I agree with much of the analysis and share the view that we should see pullback here soon, but a civil war in Iran would undoubtedly spook the market, especially in the shadow of the upcoming summer driving season during which Americans (hopefully) will have their swagger back & be taking the long delayed vacation we have all needed these past 3-4 years.

    Just my opinion; Here's to hoping for peace & lots of demand
    Feb 22 09:01 PM | 4 Likes Like |Link to Comment
  • Comcast (CMCSA) will pay $800K to settle an FCC probe into whether the company intentionally made it difficult for consumers to learn about broadband service plans that aren't packaged with TV services. As part of the deal, Comcast has been "ordered to offer a broadband service with a download speed of at least 6 mbps at a price no greater than $49.95 for three years," and is prohibited from raising the plan's price for 2 years. (previous)  [View news story]
    $800,000?? Was this really worth a Market Current spot? 800 thousand dollars is worth a Market Current?

    Ain't no thang
    Jun 27 10:14 PM | Likes Like |Link to Comment
  • Treasury prices continue to rally, the 10-year note yield off another 2 bps to 1.91%, the lowest level in nearly 3 months. Equity and Treasury prices have faithfully moved inversely to each other over past years, but the move higher in stocks since last fall has not led to a sell-off in government paper. Operation Twist in action?  [View news story]
    The Fed is doing everything it can to keep these rates low until the election & everyone is behind cover when the bond bubble pops. #academicissues
    Apr 30 11:03 AM | Likes Like |Link to Comment
  • More on Comcast (CMCSA): Free cash flow +67.4% Y/Y to $1.9B. Combined video, high-speed Internet, and voice customers +12.3% (465K) Y/Y. The dividend is increased 44% to $0.65/year and a share buyback program of $6.5B is announced. Shares +5.1% premarket.  [View news story]
    Steve Burke has stepped in an revitalized the network and fought hard to establish its presence in the sports market alongside Disney-owned ESPN. NBCU will ride the SuperBowl and Summer Olympics to highs in 2012. Great job Steve
    Feb 15 08:42 AM | Likes Like |Link to Comment
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