Oil fell below $37 a barrel on Thursday, after new data showed OPEC is still pumping like there is no tomorrow. The mighty oil cartel produced 31.7 million barrels ... Read More
Wall Street has tamped down stock market expectations in 2016 for a variety of reasons. Less accommodative monetary policy, slow growth and geopolitical concerns only get the ball rolling. ... Read More
Oil is plunging again, this time in the wake of OPEC’s inability to limit its members’ production. The US dollar, meanwhile, is up on the divergence between Fed tightening ... Read More
The economies of Saudi Arabia and the UAE showed a mild improvement in November, according to a monthly survey of businesses. But economists believe that the impact of low ... Read More
Goldman thinks oil prices could fall another 50% as the market spends another year sorting itself out The oil market is out of whack and Goldman Sachs doesn’t see ... Read More
Anyone that tries to tell you that a global financial crisis is not happening is not being honest with you. Right now, there are 27 major global stock markets ... Read More
No empire has ever prospered or endured by weakening its currency. A great many insightful commentators have made the case for why the Fed shouldn’t raise rates this month–or ... Read More
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 ... Read More
OPEC is not expected to take any action this week to prop up oil prices, which have yet to hit rock bottom, according to a new CNBC Oil Survey. ... Read More
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for ... Read More
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