Canacol Energy Q1 2020: Below Expectations (OTCMKTS:CNNEF)


Investment Thesis Summary Founded in 1970, Canacol Energy (OTCQX:CNNEF) is a Canadian company engaged in the exploration and production of oil and gas focused onshore in Colombia and Ecuador. The company has become an industry-leading natural gas supplier to the Caribbean Coast. Canacol is a key component of regional demand,Read More →

Fed Beige Book says contacts report ‘solid’ holiday sales and have ‘modestly favorable’ expectations about 2020


Getty Images People with shopping bags walk down the sidewalk during the Christmas holiday season last month. The outlook: Economic activity continued to expand “modestly” over the last six weeks of 2019, according to the Federal Reserve’s Beige Book, released Wednesday. Two districts: Richmond and Dallas, reported growth at above-averageRead More →

Rising Expectations For S&P 500 Dividends In 2020


Four weeks ago, we took a snapshot of an improving outlook for the dividends investors expect to be paid out in each quarter of 2020. One month later, the CME Group’s crystal ball for quarterly S&P 500 dividend futures indicates that those expectations have continued to rise. The following animatedRead More →

Credit Suisse profit soars and beats expectations


Editor’s note: A previous version of this report misstated analysts’ expectations for revenue in the fifth paragraph. AFP/Getty Images The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich. Credit Suisse Group AG (CS) said Wednesday that third-quarter net profit more than doubled, beatingRead More →

Apple Tops Expectations in Q3 By


© Reuters. Apple Earnings, Revenue Beat in Q3 – Apple (NASDAQ:) reported earnings that topped expectations even as services growth missed expectations in the fiscal third quarter of the year. The firm reported earnings per share of $2.18 on revenue of $53.81B. Analysts polled by anticipated EPS ofRead More →

Using Survey Expectations In FX Analyses


Editor’s note: This article was originally published on July 11, 2019, by Menzie Chinn here. At the NBER IFM Summer Institute session on exchange rates yesterday, the debate over the use of survey data rekindled. In Exchange Rate and Interest Rate Disconnect, Şebnem Kalemli-Özcan and Liliana Varela used survey dataRead More →

Gold And Inflation Expectations | Seeking Alpha


Editor’s note: Originally published at on July 28, 2019. [This post is an excerpt from a recent TSI commentary] Gold tends to perform well relative to commodities in general when inflation expectations are falling. The evidence is presented below in chart form. The first of the following charts showsRead More →

London markets stutter as Fed rate cut expectations ease


London markets began the week in sluggish fashion as the prospect of U.S. rate cuts eased following Friday’s jobs boost. The FTSE 100 UKX, +0.01%   remained flat as rebounding mining giants helped the blue-chip index avoid major losses. Miners recovered from a three-day losing streak after China’s major steelRead More →

Daimler cuts profit expectations on diesel issues By Reuters


© Reuters. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin FRANKFURT (Reuters) – Daimler has cut its earnings outlook for this year after lifting provisions for issues related to diesel vehicles by “a high three-digit million euro amount”, the carmaker said on Sunday. Group earningsRead More →