Thursday, December 8, 2016

Russia sells a small part Rosneft.

Russia has sold 19.5 percent of huge energy company Rosneft to Glencore ( I think a Swiss commodities company and Qatar a small Persian Gulf State with lots money.
A other Persian Gulf state with lots of money Kuwait just brought a office building in Newark New Jersey for 165 million.

Tuesday, December 6, 2016

Germany courts give relief to Utilities.

Germany Courts give relief to Utilities. Merkel fades out Nuclear power, believe or not, for coal in 2009. The Courts ruled the utilities must be compensated for lost of nuclear power.
Italy banking system just may melt down. 

Thursday, December 1, 2016

Has the thirty year bull market in Bonds ended?

This month was worst month for Bonds since records have been keep for Bonds. Higher rates, fear of inflation, Trump 's plan tax cut and  infrastructure spending does lead to fears of inflation.
A story in Barron's on 11/21/16, Speaking of Dividends by Lawrence C. Strauss tittle " As Bonds Fade, Consumer Staples' allure Dims" And this list he give that might be good investment: Colgate-Palmolive (which I own a lot shares of) J.M Sucker, Sysco, Mead Johnson Nutrition, CVS Health, McCormick, Mondelez International (which I own a few shares of) Walgreens Boots Alliance, Estee Lauder, Whole Foods Market, Molson Coors Brewing, Hormel Foods.