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Sven said:Hybrid vehicles have improved considerably in the last 15 years. They are now in the 5th or 6th generation with improved battery life and reliability. My neighbor has a Prius that gets over 40 miles per gallon on average and it is so quite while operating. Once the chip shortage is solved, the pricing will return to normal.
Hybrid vehicles have improved considerably in the last 15 years. They are now in the 5th or 6th generation with improved battery life and reliability. My neighbor has a Prius that gets over 40 miles per gallon on average and it is so quite while operating. Once the chip shortage is solved, the pricing will return to normal.
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Global equity futures
FINVIZ futures, various markets
Sidenote: I've watched gasoline futures for a number of years, and generally; our area finds retail pump prices to be +$.70/gallon above the futures price.
I.E., $3/gallon futures price would = $3.70/gallon retail, more or less.
The current futures price is $3.81/gallon as of this write.
This should translate to $4.51/gallon retail, locally. I purchased gas this afternoon at $3.89/gallon. This is the highest price for the last month, and increases have been small increments, but not in line with futures pricing.
I know there can be many variables to pricing in any given area.........strictly a local observation.
Fingers positively crossed, for the world,
CNBC described this morning on the fallout resulting from the war - U.S. economy to slow, Europe risks recession and Russia to suffer double-digit decline
@catch22, great info. Glad we still drive fuel efficient cars at these gas prices.
And gold busted thru $2,000 and silver $26. This is while bitcoin is down. The tracking of gold vs. Bitcoin has been and is curious. We'll see. Buckle up boys.
and girls, these are interesting times.
Gold up. Silver down. Markets in turmoil.
Tempted to unload some gold and silver coins we inherited in 2012. Tilting towards commodities with a modest position in PDBC and unloading some more global growth. News of food shortages and price increases has goosed KROP in recent days. TRP allocation funds have been a disappointment as @hank has said elsewhere.
We made changes last fall following @lynnbolin articles. Rotated from tech/growth to value and defensive funds, trimmed EM exposure (thanks to Professor Snowball) and built up commodity funds to fight inflation. Wish we have more commodity exposure. Even with PRWCX, it is still down 5.5% as of last week. D&C balance fund is leading the pack this year. Think they are shorting the stock portion of the fund. Also First Eagle Global is down a fraction of that of global allocation funds.
One bright spot is BRKB is still in black. Warren Buffet bought $7B Occidental Petroleum stock several weeks ago.
Interesting in this same article is some commentary on the oil situation visa via Russia ... JavierBlas tweets "The current half-hearted talks on Russia energy ban is a win for the Kremlin..."
But the gist of the story is: "“The one thing you can be quite sure of is if we went into some very major war, the value of money would go down — that’s happened in virtually every war that I’m aware of. The last thing you’d want to do is hold money during a war,” he said.
Buffett bought his first stock in 1942, when “macro factors were not looking good,” but insisted investors would frankly “be a lot better owning productive assets over the next 50 years” than pieces of paper."
In a subsequent MarketWatch story: https://www.marketwatch.com/articles/berkshire-hathaway-tesla-market-cap-value-51646661852 = To answer @Mark question... Warren generally wins these.
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