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Athene Holding 7 250 Fixed Rate Reset Junior Subordinated Debentures Due 2064 ATHS

Alternate Symbol(s):  ATH.PR.B | ATH.PR.D

Athene Holding Ltd. is a retirement services company. The Company issues, reinsures, and acquires retirement savings products. Its products include Annuities 101, fixed indexed annuities (FIAs), registered index-linked annuities (RILAs), fixed annuities, and immediate annuities. The Company’s United States operating subsidiaries' primary business is issuing, reinsuring and acquiring retirement savings products and similar liabilities through its multiple organic and inorganic distribution channels, such as retail, flow reinsurance, funding agreements and pension group annuities, and acquisitions and block reinsurance, which support origination across differing market environments. Its FIAs include AccuMax, Accumulator, Agility, Ascent, Performance Elite, and Protector. It also offers Athene Amplify 2.0, which is designed to be a long-term investment product used to help provide income for retirement. The Company, through its subsidiaries, serves customers in approximately 50 states.


NYSE:ATHS - Post by User

Post by smallcaptdron Nov 28, 2022 1:11pm
245 Views
Post# 35134222

$70+ Oil

$70+ OilToday Oil traded at $73 so you can see how we dug deep into the $70+ Oil the same moves just like the transition from $90 to $80 Oil so welcome to the $70+ and it's more than just a dip this is why early last week I said that we're going to be staying in the $70+ because you just have to look at everything that's going on. Share prices have calculated in a large position that $70+ Oil is just a dip and that we'll be out and back to $90+ tomorrow and it's this thinking that keeps shareholders holding at such a large premium vs revenues and their excitement in watching Oil going up from new low shows that but they're going to be disappointed after racing to the fire that turned out to be just smoke and we are in the $70+ and lower $80 maybe through Dec and there's no reason right now to think different. Dec is going to be a do-or-die on where Oil will be trading heading into 2023 once we get past G7 cap and FED realistically China is not going to get better in the coming weeks or months plus Oil delivery cutbacks, extra production from Venezuela that's been approved and could be online soon plus extra production from other sources, and of course higher interest rates from Central Banks with the US technically in a recession joining the rest of the world heading into a Global Recession. I don't see $90 happening, its been there too many may time and it couldn't stay and now this is happening to $80+ Oil and next year will be worse the world will be in a full-blown recession with Millions of barrels of Oil sitting on the sideline waiting to be accessed at any time and that hurts Oil prices.
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