Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.
Fed’s Cook: It is prudent to wait a bit longer for inflation to slow, but is prepared to act !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Key insight: The current debate over interstate lending threatens to upend the foundation of modern banking, undermining any effort to secure consumers’ financial futures. What’s at stake: A fragmented market doesn’t protect consumers, it pushes them toward the riskiest, costliest corners of the financial system. Forward look: Fixing the Depository Institutions Deregulation and Monetary Control…
In recent trading, shares of Skyward Specialty Insurance Group Inc (Symbol: SKWD) have crossed above the average analyst 12-month target price of $33.28, changing hands for $33.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a…
This article was written by Follow Professional equity portfolio manager for a boutique buy-side asset manager.My focus is on finding high-quality companies, applying a disciplined approach to valuation and identifying underappreciated opportunities. My goal is to identify opportunities in cash-rich companies with strong balance sheets and shareholder friendly policies. I endeavour to incorporate a mix…
Reliance Q1 Results Preview: Reliance Industries’ share price skyrocketed by more than 2% on Friday, on expectations of stronger Q1 results for FY27, which is scheduled later on July 17. Reliance is expected to report a strong quarter due to improved performance of the O2C business. Also, the company is expected to benefit from its…
Aave Labs, the organization behind the largest decentralized lending platform Aave AAVE$90.83, is rolling out vaults to help fintech companies offer yield on stablecoins without requiring users to interact directly with crypto rails. The new Stable Vaults let wallets, exchanges and payment providers embed stablecoin earning through a single connection. Behind the scenes, the vaults…