Market Updates

Currency Fluctuations and Troubled Global Economy to Drive Gold Higher

Market Updates There are too many analysts who are concerned about deflation, a period during which the price of general goods declines. Because of this, analysts are not too keen on gold. They say the yellow metal is only good for one’s portfolio when there’s inflation. When prices are declining, it’s not really worth anything. I beg to differ, though. While I’m not denying there are deflationary pressures building up, this negative take on gold may just be proven wrong. Certainly time will tell more, but I say this because of two main reasons: Volatility in the currency market A global economic slowdown These two factors will drive gold prices higher.


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Fixed Income

DVHI: New ETRACS Diversified High Income ETN an

High-Yield & Dividend UBS (UBS) rolled out the ETRACS Diversified High Income ETN (DVHI) on Thursday (9/19/13).  The new exchange traded note (“ETN”) is targeted at investors desiring significant monthly income from a diversified multi-asset mix.  It will track the new NYSE Diversified High Income Index minus the 0.84% annual tracking fee.  The underlying index has a current yield of 7.7%, and the ETN will make monthly cash distributions.

Personal Finance

This Is the Way Out of Today’s Mad

Personal Finance Investors have had to endure much more volatility in the past few weeks. We may know why — the Federal Reserve put an expiration date on its $3 trillion-plus bond-buying program. But some investors don’t know how to proceed. The Fed’s easy-money policy — mainly known as quantitative easing, or QE — probably will end next year.

Stock News

Market Update (NYSE:UTX): United Technologies Recommends Shareholders Reject TRC Capital "Mini-Tender" Offer

Conglomerates [PR Newswire] - HARTFORD, Conn., Dec. 19, 2014 /PRNewswire/ -- United Technologies Corp. (NYSE:UTX) received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares, or ... Read more on this. United Technologies Corporation (UTX), valued at $105.38B, opened at $116.35.   Today, shares have traded between $115.38 and $117.19 per share with a one year range of $97.30 to $120.66.   UTX shares are currently priced at 17.12x this year's forecasted earnings, which makes them relatively expensive compared to the industry's 16.36x forward p/e ratio.   And for dividend hunters, the company pays shareholders $2.36 per share annually in dividends, yielding 2.10%.   In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $1.63 per share, which would be $0.05 better than the year-ago quarter and a $0.26 sequential decrease.


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Investing

Chen Lin: Low Oil Prices Fuel Bonanza Increases

Energy The Energy Report: You anticipated the collapse of the price of oil. How did you see this coming when so few others did? Chen Lin: I was very fortunate. In an interview with The Energy Report last year, I expressed my fear that the price of oil could fall as low as $47 per barrel ($47/bbl). Because I invest in and follow a lot of fracking companies around the U.S.

Fund & ETF

MLP ETF Expenses Hit The Fan

ETFs Since the inception of the Investment Company Act of 1940, investors have grown to expect every mutual fund, closed-end fund (“CEF”), and exchange traded fund (“ETF”) to be treated as a “pass-through vehicle” for tax purposes. The entity itself would not pay any taxes, and all tax liabilities would be passed-through to the shareholders. That was the status quo for decades, until master limited partnership (“MLP”) funds came along.