Could Trump Ban Diesel Exports? Here's What Prediction Markets Say
Traders see just an 11% chance of a diesel export ban this month as Goldman warns restrictions could eventually raise gasoline prices.
Stocks · News reference
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Traders see just an 11% chance of a diesel export ban this month as Goldman warns restrictions could eventually raise gasoline prices.
UPS stock has fallen below $94, offering a 7% dividend yield that may attract income investors. However, the company faces significant headwinds including margin pressure from rising fuel costs, volume declines from the Amazon glide-down, and competition from Amazon's new supply chain services. With dividend costs of $5.4 billion against estimated free cash flow of $5.5 billion, there is minimal coverage for earnings deterioration, making this a risky entry point despite the attractive yield.
Goldman Sachs' investors asked to redeem a smaller slice of its private credit fund in the third-quarter tender offer.