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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

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 […]

Electric Vehicles

Tesla Invests $3.6 Billion in Nevada Battery, Truck Capacity

January 25, 2023 Mariel Alumit

Tesla Inc. is investing $3.6 billion in two new factories to build electric vehicle batteries and its all-electric Semi heavy-duty truck near an existing production site in Reno, Nevada.The new battery facility will make Tesla’s […]

forecasts
EnergyNews

U.S. natgas futures drop 5% to 19-month low on less cold forecasts

January 25, 2023 Mariel Alumit

That price drop came despite bullish forecasts calling for more gas demand this week than previously expected and a drop in output over the past couple of days as cold weather freezes wells in some […]

crude
Crude Oil News

U.S. crude oil production will increase to new records in 2023 and 2024

January 25, 2023 Mariel Alumit

January 25, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2023 In our January 2023 Short-Term Energy Outlook, we forecast that crude oil production in the United States will average 12.4 million […]

Price
International News

Hindenburg shorts Adani Group, flags debt and accounting concerns

January 25, 2023 Mariel Alumit

The report, which comes days ahead of a $2.5 billion share offering by flagship firm Adani Enterprises, sparked sharp falls in shares of Adani group firms.BENGALURU:Hindenburg Researchsaid on Wednesday it held short positions inAdani Group, […]

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