At the end of the day, the only thing standing between your portfolio and catastrophic loss is your own caution and proper risk management. I know it is not the most exciting part of investing. But, there is zero doubt in my mind that it is the most important.
Since natural gas provides about one half of the carbon footprint of crude oil, it makes sense that it is the logical source to bridge into a transition to renewable energy.
People who own assets get richer or at least stay on the same level. However, those that are trading labor for currency units without the capacity to own assets are losing their shirts…financial death by 1 thousand cuts; failure that happens because of many small accumulated issues.
There is a major disconnect between the stock market and the underlying economy. The GDP numbers are down as well because the economy was brought to a stop and has not come back to pre-COVID 19 levels. Yet, the stock market is roaring. How is this possible?
A 2019 Federal Reserve Survey found that 40% of Americans did not have $400 in their accounts to cover emergency costs. That was before the pandemic rocked the world’s economy.
A good supply chain management system is essential to any company or industry. Disruptions in the supply chain, including natural disasters and pandemics, can have negative effects lasting decades after the fact.
‘Strategy is hard — but it’s worth the effort. Execution is hard, but if the strategy is wrong, at best, it’s not worth the effort.’
The savings rate, which is the percentage of personal income consumers save rather than spend, is at the highest it has been in years. The high savings rate is a reflection of the American peoples’ fear because they do not know the direction the economy is going to take.
Chesapeake has been using financial engineering for the last 8-9 years to try to solve their financial problems. They are approximately 9 billions dollars in debt, and they have to continue to pay interest payments on the long term bond debt as well as other debt that they hold.
COVID-19 has shown the fragile nature of the United States financial system, as well as other countries around the world.