Navios Maritime Midstream Partners LP (NAP) is a 59% owned subsidiary of Navios Maritime Acquisition Corp (through GP and common units), which in turn is a 41.6% subsidiary of Navios Maritime Holdings Inc (NM). It is an affiliate of the NM subsidiary Navios Maritime Partners LP (NMM) and other NM subsidiaries. I have written a series of three articles on NAP warning about an imminent reduction or....More>>>
If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recessions.
1. The Yield curve would be very steep. Unlike in any previous recession when the yield curve was flat or inverted.
2. The real federal funds rate (or the ECB real repo rate) would be extremely low and would be at a level similar....More>>>
As one of the most covered and widely held stocks, there seems to be little doubt about whether Amazon.com (NASDAQ: AMZN) is a good company or not. AMZN proceeded to soar another 10% in a month even after its Q1 announcement, and doubts have been raised as to whether it is a “good stock” to own at this point of time. Some may argue that the stock price....More>>>
Ringling Brothers and Barnum & Bailey Circus hoped to appease animal rights activists when it stopped using elephants in its shows, but without elephants, the circus wasn’t able to fill enough seats.
Family-owned Feld Entertainment, which said it’s the world’s largest producer of live family entertainment, announced in a statement that the decision last year to....More>>>
U.S. large-cap stocks melted to new record highs in July. And so far in August, the pattern looks set to continue.
However, the risks to investors is rising with sentiment measures white hot, investor positioning extreme with very low cash levels and seasonality challenging.
August through September is historically the worst two months of the....More>>>