The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More

The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More

This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More

Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More

Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More

Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More

The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More

In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More

Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More

Americold Realty Trust is the largest publicly-traded player in the cold storage space. Margin pressures are starting to ease. Read more here.Read full newsRead More

The S&P 500 has broken trendline resistance and is above all its daily moving averages. Read more about the bullish technical outlook.Read full newsRead More

We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. Read more here.Read full newsRead More

Real estate equities continued their hot start to 2023 as earnings season kicked off. The Equity REIT Index advanced another 3.0% while Mortgage REITs gained 2.5%.Read full newsRead More

Underlying cash profitability for Amazon is inconsistent and sometimes negative. Click here to see our take on AMZN stock.Read full newsRead More

Less than 2 years ago, New Oriental was fighting fur survival and share price collapsed to multi-year lows. Read more to see my recommendation on EDU stock.Read full newsRead More

OPEC crude output was revised lower in October 2022 by 12 kb/d compared to last month's report and November 2022 OPEC crude output was revised higher by 53 kb/d.Read full newsRead More

Intel has seen a tough Q4 in 2022 and the Q1 guidance for 2023 is particularly underwhelming. Read more to see a full investment analysis of INTC stock.Read full newsRead More

Shares of Blackstone have seen a very strong performance in 2023. Click here to read my analysis of BX stock.Read full newsRead More

Yesterday's weekly update on initial jobless claims suggests that the labor market will continue expanding.Read full newsRead More

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.Read full newsRead More

KDDI experiences stabilizing user churn and rising ARPU via 5G adoption. Click here to read more on why we are bullish on the name.Read full newsRead More

While COVID certainly contributed to Crocs' impressive business expansion starting early 2020, it is unlikely to be the sole driver. CROX is a Buy; here's why.Read full newsRead More

Given price action and market breadth, I'm still leaning positive for the S&P 500 to definitely break the downtrend line in place since January '22.Read full newsRead More

Aerovate is a SMID-cap biotech developing an inhaled imatinib for pulmonary arterial hypertension. See why we initiate with a buy rating on AVTE stock.Read full newsRead More

Valaris looks geared to benefit from the upswing in offshore exploration, provided it can calibrate its fleet correctly. Click here to see our take on VAL.Read full newsRead More

AT&T reported better than expected Q4'22 earnings. Free cash flow was $14.1B and the FCF outlook for the current year is very strong. Read more here.Read full newsRead More

Five9 posted continued growth in its top line, thanks to its growing enterprise customer base and innovative product portfolio. See why I'm neutral on FIVN stock.Read full newsRead More

Following its acquisition, we believe QuidelOrtho's Labs segment has solid growth opportunities. Click here to see our take on QDEL stock.Read full newsRead More

Now may be a great time to add or increase your REIT exposure to your portfolio. Read more to see our approach.Read full newsRead More