UF HOTLINE
Reversal of Fortune: January 5, 2009
By Roger S. Conrad
Treasuries lower, everything else higher: That’s been the reversal of fortune in this market over the past several days, 180 degrees away from the action we saw for most of the second half of 2008.
Treasuries’ historic run last year was, of course, fueled by fear of an impending global economic depression. Investors fled practically everything else for the security of paper backed by Uncle Sam’s taxing power, as 90-day US Treasury bill more...
|
|
|
|
|
| Currently In Utility Forecaster
|
|
2009: Quality Is Still the Key
(Feature Article) --
In January 2002, I penned an article headlined “A Better Year.” Among other things, I forecast a strong recovery in energy utilities, which, like the rest of the market, had just come off a difficult 2001.
As it turned out, 2002 was the worst year in decades for the sector. The only saving grace was my admonition to buy the “nerds,” i.e.
more...
|
|
Intro Article
How low will global growth go? Investor returns in 2009 depend heavily on the answer.
Historically, utilities are among the first to strengthen coming out of bear markets.
more...
|
UF Portfolios
Revenue security and limited debt concerns: Those are the keys for companies to not only survive this apparently deepening recession but to stay positioned for the recovery ahead as well.
more...
|
|
|
Utility Beat
more...
|
|
|
|
|
Dividend Watch List
Energy producers that pay out most cash flow as dividends are ground zero for dividend cuts in early 2009.
more...
|
|
|
Growth Spotlight
Well managed, dominant companies use downturns to become more powerful. And that’s definitely what new Growth Portfolio addition Telefonica is up to.
more...
|
|
|
Income Spotlight
Fear-drenched markets create opportunity. A big one now for investors interested in generous, sleep-easy income: Kinder Morgan Energy Partners 5 Percent Notes of 12/15/13.
The notes are shielded from inflation risk by a less than five-year maturity, should the unprecedented global fiscal and monetary stimulus bring some.
more...
|
|
