Archive for August 2018

USDA Partners to Provide Transitional Housing for Rural People in Recovery from Opioid Misuse

USDA

PIKEVILLE, Ky., Aug. 31, 2018 – On International Overdose Awareness Day, Assistant to the Secretary for Rural Development Anne Hazlett announced that USDA has formalized an innovative agreement in which a nonprofit organization will purchase homes from the Department and convert them to transitional housing for people recovering from opioid misuse. “From quality of life…

Read More

USDA Launches Webpage Highlighting Resources to Help Rural Communities Bridge the Broadband e-Connectivity Infrastructure Gap

USDA

WASHINGTON, Aug. 29, 2018 – U.S. Secretary of Agriculture Sonny Perdue today unveiled a new webpage featuring information about the importance of rural e-Connectivity and the ways the U.S. Department of Agriculture (USDA) is investing to help deploy high-speed broadband infrastructure in rural America. “Rural high-speed broadband e-Connectivity is as important for economic development as…

Read More

Secretary Perdue Statement on Senate Confirmation of James Hubbard

USDA

Release & Contact Info Statement Release No. 0169.18 Contact: USDA PressEmail: [email protected] (Washington, D.C., August 28, 2018) – U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding Senate Confirmation of James Hubbard, the U.S. Department of Agriculture’s (USDA) Under Secretary for Natural Resources and Environment: “I’m very excited for Jim to finally…

Read More

USDA Announces Assistance to Pecan Growers Affected by 2017 Weather Events

USDA

WASHINGTON, Aug. 28, 2018 — The U.S. Department of Agriculture (USDA) today announced that additional assistance has been made available for pecan growers to replant and replace trees through the Tree Assistance Program (TAP) as they recover from the impacts of 2017 weather events, which was made available by the Consolidated Appropriations Act of 2018.…

Read More

USDA Announces Details of Assistance for Farmers Impacted by Unjustified Retaliation

USDA

(Washington, D.C., August 27, 2018) – U.S. Secretary of Agriculture Sonny Perdue today announced details of actions the U.S. Department of Agriculture (USDA) will take to assist farmers in response to trade damage from unjustified retaliation by foreign nations. President Donald J. Trump directed Secretary Perdue to craft a short-term relief strategy to protect agricultural…

Read More

Statement of Secretary Perdue on U.S.-Mexico Trade Agreement

USDA

(Washington, D.C., August 27, 2018) – U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding the announcement on trade between the United States and Mexico: “President Trump is delivering on his promise to renegotiate the old, outdated North American Free Trade Agreement (NAFTA), making good on his pledge to strike the best…

Read More

Impact of US Shale on Asian Producers

Chart 1: US overtakes the Russians and Saudis to claim top spot Southeast Asian crude oil benchmarks still fit for purpose? The largest oil producers in Southeast Asia switched to using Dated Brent to price their crude oil exports in 2011-12 on the understanding that the North Sea marker would continue to reflect regional market…

Read More

Hedging U.S. Equities with Treasury Options

Adding to the risks facing equity investors are valuation levels. The S&P 500® trades at 21x trailing earnings while the Nasdaq is at 27.7x trailing earnings.  Moreover, as a percentage of GDP, S&P 500®’s market cap has only been higher once before: in late 1999 into early 2000, on the eve of a 50% bear…

Read More