Wow. $TK just dropped a bomb with the dividend cut. Stock down ~60%. Underlying MLPs “pulled a $KMI” by opting to self finance. — Charles Sizemore (@CharlesSizemore) Dec. 17 at 09:35 AM To really illustrate how bad it is in MLP land, $TK cut its dividend by 90% and still has a relatively high yield...Read More

I gave my thoughts on the Fed’s decision yesterday to CNBC: “She is in no hurry to ‘normalize’ rates. She’s raising them today because she’s afraid that if she doesn’t, she might have to act more aggressively at some point in the future. But she also made it very clear that she’s going to remain...Read More