Gold Soars Once More – MINING.COM
From early October 2023 to late October 2024, gold soared an epic 53.1% higher in a rare monster-status upleg exceeding 40%! With stellar accomplishments like this, gold should’ve been one of 2024’s dominant financial-news topics fueling intense trader interest. While there was some reporting, for the most part this powerful bull market has been ignored. […]
Meta Earnings: Increasing Fair Value Due to Generative AI Advances…
What We Thought of Meta’s Earnings Meta META reported strong fourth-quarter financial results, with the firm’s sales growing 21% year over year to $46.8 billion and operating margins expanding 700 basis points year over year to 48%. Why it matters: Meta’s advertising behemoth surpassed our expectations on both the top and bottom line. We were […]
Trump Imposes Tariffs on Imports from Canada, Mexico, and China, Declares ‘National Emergency’
Trump signs tariffs on imports from Canada, Mexico and China: ‘National emergency’ The Trump administration will be imposing tariffs through its new International Emergency Economic Powers Act (IEEPA). President Donald Trump signed an executive order authorizing the tariffs Saturday, which will go into effect Tuesday, consisting of a 25% additional tariff on imports from Canada […]
Canadian Pacific Earnings: Impact of Port Disruptions on Performance
Canadian Pacific Kansas City’s CP fourth-quarter top line grew by 3% year over year, on yield gains (longer lengths of haul) and synergies related to the merger with Kansas City Southern, partly offset by labor-related port disruption for coal and intermodal. Profitability also improved relative to a year ago. Key Morningstar Metrics for Canadian Pacific […]
Canada’s Economy Contracted in November Due to Tariff Impacts…
The Canadian economy declined 0.2% in November as the country faced a hefty 25% US tariff on its exports, which could take effect as early as this Saturday. That decline followed a 0.3% expansion in October. Even with a projected 0.2% rebound in December, analysts note that the implied quarterly growth of 1.6% (annualized) falls […]
Canadian National Earnings: Impact of Cold Weather and…
Key Morningstar Metrics for Canadian National Railway Company What We Thought of Canadian National Railway Company’s Earnings Canadian National Railway Company’s CNR fourth-quarter top line fell 2.5% year over year due to labor-related port disruption (strikes at Vancouver, Prince Rupert, and Montreal) and greater cold weather operating restrictions. These factors also pressured margins during the […]
Tariffs Under Trump, American Airlines, and the U.S.-China AI Competition
Trump’s tariffs, American Airlines and the U.S.-China AI race Steve Forbes, chairman and editor-in chief of Forbes Media, gives his take on the impact and longevity of President Donald Trump’s tariffs on foreign countries on ‘Kudlow.’ -Stocks wrapped up a winning January, despite ending the Friday session lower as investors digested a fresh inflation report […]
5 Strategies for Military Families to Improve Their Financial Well-being
5 Ways Military Families Can Start to Get Ahead Financially In my last column, I highlighted the new Military Financial Wellbeing Index, which offered insights into how service members and their families coped financially, from before the pandemic through the end of 2023. Now I’m shifting gears to a set of actionable ideas derived specifically […]
Potash: Canadian Import Tariffs Expected to Be…
Multiple financial media outlets reported that US President Donald Trump plans to place a 25% tariff on Canadian imports effective Feb. 1. Shares in potash producers Nutrien NTR and Mosaic MOS declined in response to the news. Why it matters: The United States is Canada’s largest potash export market. The US also produces very little […]
JPMorgan Set to Deliver $4 Billion in Gold in the U.S. Amid Concerns Over Tariffs
Fears of imminent tariffs on imports following the election of US President Donald Trump have caused prices for gold futures on Comex to surge over spot prices in London. Spot prices shot to record highs this week, but the additional premium on Comex has created a lucrative arbitrage opportunity for the handful of banks that […]