US Crude Production flat at 11.9mil BBL/Day, Total US Crude Inv fall 7mil BBL(-1mil working inv & -6mil SPR), US Crude Imports decline 0.9mil BBL/Day(6.3mil BBL/Week) Fudge factor 1,225mil BBL/Day(8.57mil BBL/Week)
US Gasoline Inv decline 0.5mil BBL, US Refining Input rises 0.3mil BBL/Day, US Refined Products Export remain higher at the expense of US inventories
Todd Sullivan is a Massachusetts-based value investor and a General Partner in Rand Strategic Partners. He looks for investments he believes are selling for a discount to their intrinsic value given their current situation and future prospects. He holds them until that value is realized or the fundamentals change in a way that no longer support his thesis.
His blog features his various ideas and commentary and he updates readers on their progress in a timely fashion. His commentary has been seen in the online versions of the Wall St. Journal, New York Times, CNN Money, Business Week, Crain’s NY, Kiplingers and other publications. He has also appeared on Fox Business News & Fox News and is a RealMoney.com contributor. His commentary on Starbucks during 2008 was recently quoted by its Founder Howard Schultz in his recent book “Onward”. In 2011 he was asked to present an investment idea at Bill Ackman’s “Harbor Investment Conference”.
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FORECASTS & TRENDS E-LETTER
by Gary D. Halbert
December 18, 2018
IN THIS ISSUE:
1. The Normal Yield Curve & An Inverted Yield Curve
2. Why Is An Inverted Yield Curve So Important?
3. As... Read More
