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Europe: +44 (0) 207 198 1634 Equities and the Economy: Friday was the event investors had been waiting for all week which was our Fed Chairperson, Janet Yellen, speaking from Jackson Hole, WY (beautiful place!). Yellen told a gathering of central bankers from around the world the U.S. economy was nearing the central bank’s goals of maximum employment and price stability […]
Equities and the Economy: ANOTHER amazingly lackluster day yesterday. The Dow fell 33 to 18,488, the S&P 500 lost 3 to 2,172 and the Nasdaq finished down 5 to 5,212. Volume continues to be anemic. It’s as if the market is in a state of suspended animation. Everyone’s waiting on Janet Yellen who will be […]
The US electricity supply mix is changing, and renewable energy electricity generation in 2016 has already surpassed renewable generation from 2015. Source: U.S. Energy Information Administration, Electric Power Monthly Renewable electricity generation has surpassed levels from previous years in every month so far this year, based on data through June. Both hydroelectric and nonhydroelectric renewables […]
Equities and the Economy: U.S. stocks had a moderately lousy day with all three major indexes closing lower. The Dow lost 66 points, 0.25%, finishing at 18,481, the S&P 500 lost 11, 0.52%, ending at 2,175 and the Nasdaq closed down 42, 0.81%, at 5,217. The indexes are at their lowest levels since early August. […]
Equities and the Economy: On the heels of a great new home sales report U.S. equities posted marginal gains. The Dow added 18 points to 18,547, the S&P 500 rose 4 to 2,187 and the Nasdaq finished up 15 points at 5,260. Intraday the Nasdaq traded at a record high and the S&P flirted with […]
With the constant threat of price instability in New England, tiny Rhode Island is leading the way in a new renewable energy innovation: Offshore Wind Farms. The first wind farm of its kind in the US, this 5-turbine wind farm will provide power for thousands of homes in the state, and will hope be a […]
Equities and the Economy: The dog days of summer are in full swing with another lackluster day for U.S. equities. The Dow fell 23 points to 18,529, the S&P 500 lost a single point to 2,183 and the Nasdaq posted a gain of 6 to 5,245. All three indexes chopped around between positive and negative […]
Equities and the Economy: I was travelling on business last week and it was a good week for doing so because the equity markets were little changed on the week. Maybe it was the Olympics or the fact that most of Europe takes the month of August as a holiday but it was pretty quiet. […]
The Supreme Court in MA has rejected a plan that would allow utilities to charge customers to help finance new natural gas pipelines. The good news for customers is they will not be charged additional fees; the bad news is that customers are still susceptible to huge price spikes due to not enough natural gas […]
July was the hottest month ever on record globally, almost a full degree Celsius over the average for July. This record also breaks last July’s record for the hottest month ever, and continues a string of 14 consecutive months that were the hottest on record. Nasa’s results, which combine sea-surface temperature and air temperature on […]
