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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (186790)5/3/2022 5:59:50 AM
From: Snowshoe  Read Replies (3) | Respond to of 217674
 
re <<the dividends to Alaskan dwellers should be rising sharply this year?>>

Maybe. Although state oil revenues are rising sharply this year, the annual dividend calculation is based on a five-year average of the ($70 billion) Permanent Fund's performance. So the dividend amount in the next few years could be negatively affected by falling investment values and high expenses for inflation-proofing. The dividend is paid out in September, but we'll likely get a preliminary estimate in August.

re <<Yellen Signals Openness to Paring Tariffs on Imports From China>>

Let's watch and see how that idea plays out during the mid-term election.



To: TobagoJack who wrote (186790)5/19/2022 11:12:27 PM
From: Snowshoe  Read Replies (1) | Respond to of 217674
 
re <<the dividends to Alaskan dwellers should be rising sharply this year?>>

The Alaska legislature just voted to authorize a 2022 Permanent Fund dividend of $2,550, plus a $650 one-time energy relief assistance payment. This amounts to $3,200 per person, so a family of four would collect $12,800.

If the governor signs off on this compromise, we'll have a big spending spree in September when the money hits the street! ;)

It's a large payout, but the governor wanted even more: $5,500. That would be like distilling your seed corn for moonshine, while depending on a bumper crop to replaced it.

I'm quite happy that the legislature also authorized $400 million toward upgrading our crumbling port. But I think we'll need oil prices to remain high for a few more years to complete that project.