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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Hawley
Investments

Hawley Introduces ‘PELOSI Act’ To Stop Insider Trading In Congress

January 25, 2023 Mariel Alumit

Senator Josh Hawley (R-MO) introduced legislation Tuesday aimed at preventing insider trading by members of Congress by barring them from trading individual stocks. The Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act would […]

Canada
Finance

The First Pause: Bank Of Canada Hikes 25bps As Expected, Will Hold Rates As It “Assesses Impact”

January 25, 2023 Mariel Alumit

The Bank of Canada joined the “one and done” bandwagon moments ago when the central bank hiked rates by 25bps – as expected by most strategists – for an eight consecutive, but also perhaps final […]

Build
Crude Oil News

WTI Rebounds On Small Crude Build; Cushing Stocks Soar Most Since April 2020

January 25, 2023 Mariel Alumit

Oil prices drifted sideways to modestly lower overnight after the notable builds reported by API, as mixed company earnings and weaker business activity spurred concerns about the US economy While there’s expectation that China’s oil […]

climate
Climate Crisis

Clean energy race sparks more ambitious climate policies: Report

January 25, 2023 Mariel Alumit

NewsClimate Crisis Climate policy announcements from the past three months are becoming more ambitious, and most aim for a rise in global temperatures of no more than 1.8C (3.1F), a new assessment finds. The Inevitable […]

China
Finance

Copper price falls with China absent for Lunar New Year

January 25, 2023 Mariel Alumit

​Copper price fell for a second day on Wednesday, weighed down by a stronger dollar and the absence of China, where markets are closed for a week-long Lunar New Year holiday. Copper for delivery in […]

Value
Alternative Investments

Passive Value Investors Are Not Value Investors

January 25, 2023 Mariel Alumit

Authored by Michael Lebowitz via RealInvestmentAdvice.com, Investment management can be silly, just like the title of this article. When researching potential investments, we often must choose between math and facts versus irrational human behavior. For […]

Canada
Finance

Bank of Canada raises rates, first major bank to signal pause

January 25, 2023 Mariel Alumit

The Bank of Canada on Wednesday raised its key interest rate to 4.5 percent, the highest level in 15 years, and became the first major central bank fighting global inflation to say it would likely […]

Finance

BofA Slashes Investment Banking Bonuses By 30% But Issues $1 Billion Company-Wide Stock Award

January 25, 2023 Mariel Alumit

The bonus cuts for most dealmakers on Wall Street are continuing, but Bank of America is trying to soften the blow slightly across its employee-base by issuing new equity awards to some of its staff. […]

Fortuna
EIA News

Fortuna Silver granted provisional injunction to operate San Jose mine under 12-year EIA terms

January 25, 2023 Mariel Alumit

​Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) reported Wednesday that the Mexican federal administrative court has granted a provisional injunction to allow the company’s San Jose mine to continue to operate under the terms of […]

Crude Oil News

Oil Steady as Rebound in China Weighs Against Recession Fears

January 25, 2023 Mariel Alumit

​Oil held steady as investors weighed the extent of China’s demand recovery and fears a global slowdown with drag down consumption. West Texas Intermediate futures were $80 a barrel after declining 1.8% on Tuesday as […]

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