What is bad for her enemies is good for America. Oil is a zero-sum game. Bankrupting Saudi Arabia, Russia, and Iran is worth some short-term American pain.
According to the media, the coronavirus and the Saudi-Russia oil price wars will lead American businesses off the cliff. Probably tomorrow. Are we doomed?
The final proposed economic stimulus package will cause the annual budget deficit to hit $2.5 trillion in 2020. Is such a massive stimulus a good idea?
The Iranian regime faces an army of young people who are acting as a delayed-action bomb. Iran mullahs may not be able to win this fight.
The Federal Reserve is the reluctant Repo Man of the banking sector. The Fed's repo activities could overshadow today's interest rate announcement.
Following the Saudi Aramco attack, the President says there is a reason they the culprit. But what is America's response? Locked and loaded? Or cautious?
Iran stages attacks on tankers in the Straight of Hormuz as well as the Abha International Airport. Further unsettling US, prompting war.
Popular market averages predictably remained mired in Fed wrangles and international tangles Monday as measured by fractional percentages.
Obama blocked the Keystone XL, stopping Canadian crude from flowing into the US, the nationalization of Venezuela’s economy by its socialist government began today's economic crisis.
Venezuela sits on an ocean of oil, immense wealth. That oil made Venezuela rich, distorted its economy, brought the pigs to the trough, and set it up for ruin.
Oil continues its sickening plunge, influencing precious metals and resource stocks and causing us to make a few defensive portfolio moves we may live to regret.
Flat trading, dollar strength, oil and bond weakness slow stock markets’ Trumpathon rally to a crawl in Friday trading action. The problem: Fed virtually certain to raise rates in December.
Sectors like consumer discretionary, retail, transportation & travel and restaurants often benefit when consumers don’t have to shell out for higher gas prices.
High powered actors - Jeff Bridge, Chris Pine, Ben Foster and Gil Birmingham - make "Hell or High Water" the must-see indie film you may have missed. See it.
With the Cleveland GOP convention convulsing in background, major U.S. stock market averages flirt with new intraday highs Wednesday morning.
"The FBI was thwarted from interviewing the Saudis we wanted to interview by the White House," said former FBI agent Mark Rossini, who was involved in the investigation.
WASHINGTON, March 17, 2016—Like our friends the Marx Brothers above, Thursday’s markets, at least as of mid-afternoon, are clearly “off to the races.” Following Wednesday afternoon’s surprisingly robust afternoon rally kicked off by the Fed’s announcement, Thursday trading opened rather anemically, before kicking into gear around 11 a.m. EDT. That’s been a well-developed pattern this ...
WASHINGTON, March 1, 2016 – March really did roar in like a lion Tuesday, at least on Wall Street. After a mopey, gloomy, miserable leap-Monday (February 29), a majority of stocks were off to the races Super Tuesday morning, with the Dow up slightly over 2 percent, while the S&P 500 and the NASDAQ closed ...
WASHINGTON, Feb. 16, 2015 – The excitement building prior to Tuesday morning’s opening bell on Wall Street has faded quickly in the first two hours of trading. The big news hitting the tape was that the Russians and Saudis had absolutely reached an earth-shattering agreement on ratcheting back oil production, something that’s desperately needed at ...
WASHINGTON, Jan 15, 2016 — After Thursday’s exhilarating and quite-surprising rally, stocks are set to resume their sickening January plunge Friday morning. Big time. West Texas Intermediate (WTI) futures are down nearly 6 percent as of 8:30 a.m. EST, and Brent crude—the international benchmark—is down over 4 percent. Add another bearish day from China, and ...