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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. It was Armageddon here in the U.S. yesterday. Although European stocks staged a rally after 4 consecutive losing days Asian shares, especially the crash that’s going on in China, and the Greek matter crushed U.S. stocks. The main indexes saw selling pressure all day and ended the day near […]
U.S. electricity trade with Canada is increasing, providing more economic and reliability benefits to both the United States and Canada. Although the amount of electricity imported over the Canadian border is a small part of the overall U.S. power supply, the transmission connections linking Canada and the United States are an important component of the […]
“The war on coal” might have just witnessed another battle in April as the latest “Electric Power Monthly” data from the U.S. Energy Information Administration show total natural gas-fired electric generation in April surpassed coal-fired power generation for the first time in history. The June 25 report from the EIA showed 92,516 GWh was produced […]
Equities and the Economy Good morning. Wow! What a wild ride yesterday! U.S. equities staged a dramatic finish Tuesday after a vicious morning of selling ending the session with modest gains. The Dow finished up 93 (0.53%) at 17,777, the S&P 500 rose 12 (0.59%) to 4,997 and the Nasdaq climbed 5 (0.10%) to 4,997. […]
Equities and the Economy Good morning and happy National Father Daughter Take a Walk Day. After the “No” vote, let the punishment begin. That’s in reference to what the Greeks may be bringing on themselves in a debtor vs. creditor battle played out on the world’s stage but unfortunately our 401K’s are feeling the pain. […]
Equities and the Economy Good morning. I hope you had a pleasant holiday weekend. Let’s get last Thursday, the last day the U.S. markets were open, out of the way for a lot has occurred since that time. On Thursday the Dow fell 28 points to 17,730 losing 1.2% for the week. The S&P 500 […]
Equities and the Economy Good morning and happy National Anisette Day. Ok. Let’s just get it out of the way first. Greece. With the Greek referendum scheduled for Sunday and despite overtures from the Greeks, the Brussels Group has ceased negotiations until after the referendum. It makes total sense. If the Greeks vote “Yes” then […]
Equities and the Economy Good morning and happy National Creative Ice Cream Flavors Day. Stocks bounced marginally back from the huge losses they took on Monday with the Dow closing up 23 at 17,619, the S&P 500 climbing 5 to 2,063 and the Nasdaq 29 points higher finishing at 4,987. You should feel pretty good […]
A new study by Deloitte found that 55 percent of businesses say they now generate at least some portion of their electricity supply onsite — a big jump from last year. In 2014, 44 percent of businesses said they self-generate, and in 2013, 33 percent said they generated a portion of their electricity supply onsite. […]
Equities and the Economy Good morning and happy National Meteor Watch Day. A meteor hit global equities yesterday like it is believed to have done to the earth 65 million years ago wiping out most of the dinosaurs. On the news over the weekend that there was no Greek deal and that Prime Minister Alexis […]
