Rich Asplund

Richard Asplund is an experienced investment analyst with a strong background in global financial, equity, commodity and clean energy markets. He is the author of 'Profiting from Clean Energy: A Complete Guide to Trading Green in the Solar, Wind, Ethanol, Fuel Cell, Carbon Credit Industries' (Wiley) and has contributed to 'The CRB Commodity Yearbook' (Wiley) and 'The CRB Encyclopedia of Commodity and Financial Prices' (Wiley). He has been interviewed by various media outlets including CNBC, Fox, Bloomberg TV, Japanese NHK TV and National Public Radio. Richard Asplund holds a deep understanding of the markets today and provides valuable insights to investors.

Biography:  https://www.barchart.com/news/authors/5/rich-asplund

10%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a poor reputation for journalistic standards and is not considered a reliable news source.

Bias

0%

Examples:

No current examples available.

Conflicts of Interest

0%

Examples:

No current examples available.

Contradictions

92%

Examples:

  • Cocoa prices finished higher on global cocoa shortages
  • Coffee Prices Ease on Stronger Dollar
  • Crude Oil Falls Back on Stronger Dollar and Weak US Consumer Sentiment Report
  • Sugar Prices Lower on Carry-Over Concern about Higher Brazil Sugar Production Estimates

Deceptions

0%

Examples:

No current examples available.

Recent Articles

Global Cocoa Crisis: Unprecedented Production Shortfalls Drive Prices to All-Time Highs

Global Cocoa Crisis: Unprecedented Production Shortfalls Drive Prices to All-Time Highs

Broke On: Thursday, 09 May 2024 Global cocoa production trails demand by 374,000 tons this season due to West African crop shortfalls and unfavorable growing conditions, causing all-time high prices and extreme volatility in the market.

Walmart's Q3 Earnings Beat Expectations, But Cautious Consumer Spending Outlook Causes Stock Drop

Broke On: Thursday, 16 November 2023 Walmart reported a 2% increase in adjusted earnings for the three months ending in October, slightly above the Street consensus forecast of $1.53 a share. Despite the better-than-expected Q3 earnings and a raised full-year profit forecast, the company's shares experienced a sharp drop in early Thursday trading due to a cautious outlook on consumer spending. The company's US unit saw a 4.9% rise in comparable sales during the three months ending in late October, outperforming competitors like Target Corp. and Home Depot Inc. who reported declines. Walmart's CFO, John David Rainey, cited a 'sharper falloff' in sales during the last two weeks of the fiscal third quarter. Factors such as higher interest rates, dwindling savings, and student-loan repayments are believed to be affecting demand. Walmart's CEO Doug McMillon mentioned that prices for some groceries are falling, which is good news for shoppers but puts pressure on the company to sell more. The company reported profits of $453 million for the three-month period ended Oct. 31, with revenue rising 5.2% to $160.84 billion. Walmart now expects annual sales to be up anywhere from 5% to 5.5%.