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U.S. grants Chevron another three months for Venezuela operations

The U.S. Treasury Department on Saturday granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22. The United States last year imposed sanctions that barred imports of Venezuelan oil and transactions made in U.S. dollars with Venezuela’s state-run oil company PDVSA. The move was designed to starve the country of oil dollars and oust President Nicolas Maduro. …read more […]

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Taking the Pulse of the Big Banks

Earnings season for the fourth quarter of 2019 kicks off with the big banks this week.
Their earnings are influenced by many factors – Federal Reserve policy, net interest margin compression and trading revenue, to name a few.
And if trade wars were the biggest story in finance in 2019, the Federal Reserve was a close second.
Let’s look at the pros and cons that should impact big bank Q4 earnings…
PRO: Organic Balance Sheet Growth
After repeated hawkish commentary throughout the fourth quarter of 2018 contributed to the largest S&P 500 correction since the 2008 financial crisis, Chairman Powell did an about-face (i.e., “dovish …read more […]

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3 Types of Securities Investments Explained

Investing can be a great way to make money. But there is more than one way to invest. There are a few different types of securities you can put your money into, each with their own risks and benefits. By understanding the securities you can invest in, you’ll have a better idea of where you want to put your money.
What Is a Security?
Securities are financial instruments that can be traded on financial exchanges. There are exchanges around the world such as Nasdaq, Euronext, and, maybe the most famous, the New York Stock Exchange (NYSE).
Securities can be broken down into three …read more […]