Reaves Utility Income Trust is a reliable CEF with consistent distributions, poised for potential growth with declining interest rates. Read my analysis of UTG...
Continue ReadingThe economic cycles have always been with us. But the frequency of boom and bust cycles has certainly increased in the last couple of decades. Read more here...
Continue ReadingAlphabet has underperformed its peers YTD due to increased competition and the fear of losing market share. Click here to read my analysis of GOOG stock...
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Continue ReadingWhite Brook Capital Partners, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. White Brook Capital Partners maintains its outperformance against the S&P Midcap 400 year to date, boasting a 6.49% increase compared to the index’s 4.28% gain. However, it falls short of the S&P […]...
Continue ReadingWhite Brook Capital Partners, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. White Brook Capital Partners maintains its outperformance against the S&P Midcap 400 year to date, boasting a 6.49% increase compared to the index’s 4.28% gain. However, it falls short of the S&P […]...
Continue ReadingBRUSSELS—European lawmakers reached a political deal on regulating artificial intelligence, marking a step toward establishing a comprehensive AI law in Western countries. The European Union’s Artificial Intelligence Act would be the latest in a series of regulations the bloc has pushed forward that is expected to reverberate through the global tech industry and affect some of its biggest players. “The EU is the first in the world to set in place robust regulation on AI,” said Dragos Tudorache, a member of the European Parliament from Romania who was one of the body’s lead negotiators of the AI Act...
Continue ReadingThe electric car company run by billionaire Elon Musk was accused last year by California's Department of Motor Vehicles of falsely advertising its Autopilot and Full Self-Driving features as providing autonomous vehicle control. The DMV is seeking remedies that could include suspending Tesla's license to sell vehicles in California, Tesla's largest U.S. market, and requiring the company to make restitution to drivers. Tesla in a Dec. 5 filing with the state Office of Administrative Hearings, released by the state on Friday, said that the DMV had investigated its use of the Autopilot brand in 2014 and of that and other phrases in 2017...
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Continue ReadingWe exited Chipotle, got into Morgan Stanley, and added to Marvell, PepsiCo and the Energy Select Sector SPDR Fund...
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