We’re dipping into our large, low double-digit percent cash position to make these two buys into Friday’s broader stock market selloff.
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Another rough market puts two of our newest stocks on sale. So we’re buying more
World
Trump renews criticism of UK, saying it should ‘drill, baby, drill’ for North Sea oil
Conservative party leader Kemi Badenoch visits the Well-Safe Protector Oil Rig at Aberdeen’s South Harbour, on March 30, 2026 in Aberdeen, Scotland. Paul Reid | Getty Images News | Getty Images U.S. President Donald Trump has renewed his criticism of Britain’s energy policy, deriding the ruling center-left Labour government’s decision to ban licenses for new […]
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World
Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 14%
A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in New York City. John Smith | Corbis News | Getty Images Luxury stocks tanked early Wednesday after Gucci-owner Kering and Hermes reported first-quarter earnings that disappointed investors amid a conflict in the Middle East that […]
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World
Why Wells Fargo says it might be time to take profits on energy — even as the bank hikes its oil price forecasts
Oil prices are likely to remain well above their levels prior to the Iran war, the consequences of which have choked global supply for the foreseeable future. But, after racking up record monthly gains in March, analysts at Wells Fargo say it is now “time to consider taking profits in energy.” The year-to-date performance of […]
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