There are some financial analysts who are beginning to worry that the price of crude oil is getting too high and will eventually hinder economic growth. Matt Badiali is one financial advisor who sees the potential for higher oil prices as soon as fall starts. He believes that the main catalyst that will send the price of oil soaring is the situation in Iran. Back in 2015, the United States came to an agreement regarding Iran and its nuclear program. Iran was then able to export its oil and trade. However, the Trump Administration was against the Iran deal. The US plans to place sanctions on Iran if a new deal regarding their nuclear program is not met. The sanctions are going to take effect in November and many analysts believe that the sanctions are going to drive up the price of oil. Matt Badiali estimates that Iran was producing around two million barrels of oil. The largest oil producers will not be able to make up the difference, thus creating a very tight oil market. Venezuela, a major oil producer, has been going through major economic turmoil and has been producing much less oil.
Although Matt Badiali is anticipating higher oil prices, he believes China could play a role in keeping oil prices from rising. China and the US are currently in a trade war. China has an opportunity to undermine any pressure the US may try to inflict on Iran. China imports much of its oil from Iran and strongly opposes the sanctions that the US is trying to impose on Iran. Also, the trade war is creating some fear on Wall Street, as many analysts believe it will push the US into a recession. Eventually, a slowdown in the economy would drive oil prices lower.
Matt Badiali believes that if the US and China are in a trade war, China will do everything to undermine US policy regarding sanctions on Iran. Other countries agree with China for opposing the sanctions and have criticized the United States for terminating the Iran nuclear deal. Matt Badiali feels that China may end up importing more oil from Iran and less from the US if the trade war continues to heat up.
Many corporations and American taxpayers are ecstatic about the new tax plan. Many corporations will be even more profitable after being able to take advantage of some of these new tax breaks. The American taxpayer is likely to get more money back this year in taxes. Individuals can use this extra money to pay bills, purchase something they like, or maybe make their savings work for them by investing in “Freedom Checks”. This investment opportunity is a great way for individuals to start earning a tax-free income and achieve better than average rates of return. When the investment community first heard about “Freedom Checks”, they dismissed them as a scam, but eventually, this investment opportunity has been proven to be real and can bring about some serious returns for wise investors who git in on this opportunity.
Matt Badiali is the man credited for introducing “Freedom Checks” to the world, but the truth is that sophisticated investors who understand the US tax code have been using this strategy for decades to generate a fantastic tax-free income stream. To begin receiving “Freedom checks”, an individual needs to invest in “Master Limited Partnerships”. In 1987 Congress passed legislation to allow these companies to operate without paying income taxes. MLPs must earn ninety percent of their income in operations related to oil, gas and other natural resources and they must distribute ninety percent of their revenue to their shareholders. Investors are rewarded by not having to pay any taxes on the “Freedom Checks” they receive from these companies.
Another reason Matt Badiali is so bullish on this investment opportunity is that he believes many of these companies are going to see their share prices appreciate greatly in the long-term. Many MLPs are in the oil and gas industry and the fracking boom in the United States has enabled many of these companies to be very profitable. If America continues to push for energy independence, these companies should see growth n the years to come, which will reflect in higher share prices, as well as higher distributions. Also, as the human population on Earth continues to grow, the demand for fuel will continue to grow.
Visit their website: https://freedomchecks.com/
Wes Edens is one of the men responsible for Fortress Investment Group, which is an alternative investment business that was started up back in 1998 by Rob Kauffman, Randal Nardone, and Wes Edens. Together, these men co-founded what is one of the largest investment companies in the United States today with more than 40 billion dollars in assets floating around. Wes Edens has been major responsible for the overall development of the company, which he still maintains on the board of directors. By 2007, when Fortress Investment Group became public, Wes was already a billionaire, with a stake in the company worth over 2 billion dollars. According to Wes, his success comes from a strong motivation to succeed and an impatience to finish new tasks as fast as he can. On top of his huge financial success, Wes is also a successful philanthropist, giving back to the community through support in various different ways.
Despite being a huge success in the financial department, Wes Edens has many other business ventures still on his minds. Over the past decade, Wes has become much more involved with sports, which is a personal passion of his. Currently, Wes is the owner of various sports teams that play in different arenas, including professional basketball, with the Milwaukee Bucks, professional e-sports, with FlyQuest, and Aston Villa, a soccer team that Wes bought into with another billionaire.
Perhaps the most ambitious project for Wes yet is the construction of the Brightline train system in the US, the first ever private train system being built to help reduce traffic times throughout the country. For now, Brightline is being built throughout Florida to help reduce the massive congestion on the roads, which causes commuters to spend more than two hours driving instead of the 30 minutes it would take under normal traffic conditions.
Visit his website: http://www.wesedens.com/
Starting a new company is a challenge that very few people can dare to take. Many people fear the stiff competition from firms that have been in the industry for long. In most cases, big names in industries make the competition too tough that new ones run at a loss and eventually fail. This is however not the case with Randal Nardone, the CEO, and co-founder of Fortress Investment Group.
Before starting the company, Randal Nardone was aware of the competition that awaited him in the industry. He was, however, ready to use his vast knowledge in the field of finance. Together with Wes Edens who is also an expert in matters of finance, Nardone worked hard to steer the company through the ups and downs of the industry.
Having held different positions in various firms, Randal Nardone had enough experience to help his new company survive the tides of the industry. Before starting Fortress Investment group in 1998, Randal Nardone worked at UBS where he held the position of Managing Director from 1997 to 1998. He also served as the director of Springleaf REIT Inc. since May 2011. Nardone who holds a J.D from the school of law at Boston University and a Bachelors degree in English and Biology from the University of Connecticut also holds positions in boards of different corporations including Florida East Coast Holdings.
The many years of service in the financial industry have helped Nardone gained much experience and had helped him grow both as a professional and a finance expert. As he interacted with clients while serving in different companies and positions, Nardone l knew right what he was expected to do to change customers experience for the better. Although he had an intention of venturing into law, Nardone has found success in the finance field and did not wish to depart any soon.
Currently, the Fortress Investment Group is ranked as one of the most known names on the stocks market. Many firms have decided to hand over their financial operations to the company because of its good portfolio that has been put together by Nardone.