Four Worse Performers In The Dow This Year -- To Date -- September 28, 2024

Locator: 48425ARCHIVES.

Link here.  This was from March 24, 2024. Things may have changed.

Nike, Boeing, Intel, Apple. 

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Pemex

Production drops 6% (y/y) in August.

Link here.

Crude oil production only averaged below 1.5 million bpd in August, as Pemex’s crude output has been falling in recent years and has hit the lowest level in more than 40 years. Pemex produced a total of 1.77 million barrels per day (bpd) of liquids, which include crude oil and condensate, last month, down by 6% compared to August of last year. And this despite the outgoing president pulling out all stops to turn things around.

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Netanyahu

This surprised me. The MSM had suggested that the Israelis wanted Netanyahu out. But apparently not.

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Netanyahu Cleans House Literally

Less than 72 hours after the above was playing out, the IDF took out the leader out of Hezbollah.

Remember, this all began months ago with an unprovoked attack and hostage-taking by Hamas in the south. Iran's Supreme Leader, meanwhile, goes into "deep" hiding. 

Geopolitically, the timing is perfect for Netanyahu and the Israelis. 

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