Browsing All Posts By Kurt Osterberg
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Finance 0
Dealing With A Dividend Cut In Your CEF Portfolio
If you dabble in the closed-end fund market long enough, you are probably going to own a fund that sees its dividend cut. This seemingly innocuous event can have numerous ripple effects for shareholde... -
Finance 0
UK’s Unemployment Rate Falls To A 42-Year Low
The monthly jobs report from the UK was a mixed bag with the unemployment rate falling to a 42-year low at 4.5%, down from 4.6% previously. Despite the solid headline, wages continued to disappoint. T... -
Finance 0
Gold Rises On Yellen Testimony
Gold prices ended Wednesday’s session up $3.80 an ounce, extending their gains to a third-straight session, after Federal Reserve Chair Janet Yellen signaled a cautious approach to further monetary ... -
Finance 0
Gold Rises On Yellen Testimony
Gold prices ended Wednesday’s session up $3.80 an ounce, extending their gains to a third-straight session, after Federal Reserve Chair Janet Yellen signaled a cautious approach to further monetary ... -
Finance 0
Brexit Briefing: EU Negotiator Ramps Up The Rhetoric
Ahead of next Monday’s meeting, EU chief negotiator Michel Barnier was in no mood to offer his UK counterpart David Davis an olive branch as he once again highlighted the obligations that the UK mus... -
Finance 0
Fed In Wait-And-See Mode; Next Hike Likely In September – SEB
What did we learn from Fed Chair Janet Yellen? Her prepared statement contained some worries about inflation, but she later balanced things out. Here is the view from SEB: Here is their view, courtes... -
Finance 0
Gold Market Update
In the last update we had thought that gold might escape its usual seasonal malaise this year, but it didn’t and went into a rather sharp downtrend and dropped again quite sharply on Friday. The goo... -
Finance 0
Bank Stock Earnings Preview
There are several banks reporting earnings on Friday before the market opens. The financials have seen a solid run over the last few weeks after their balance sheets all passed the stress tests. A gre... -
Finance 0
Can You Trust This Mining Giant’s Dividend?
Rio Tinto (NYSE: RIO) is one of the world’s leading miners. It has been in business for 140 years and employs 50,000 workers in 35 countries. The company mines for aluminum, copper, diamonds, uraniu...
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China suspected in massive breach of federal personnel data
