Recent Moves In Oil Prices
Today I discuss the factors that brought oil prices so far down and more recently back up. World oil production was essentially stagnant for seven years beginning in 2005. Field production of crude oil averaged 73.9 million barrels a day in 2005 and averaged 74.7 mb/d in 2011. Monthly world field production of crude oil […]
S&P 500 And Nasdaq 100 Forecast – March 21, 2016
S&P 500 The S&P 500 initially rose during the course of the Friday session, but pulled back a little bit as we continue to struggle. Ultimately, if we pullback from here, there should be value hunters that get involved and try to take advantage of the fact that we pulled back. The market should eventually […]
Stock Prices Poised To Charge Higher
Stocks prices have recovered from their winter panic, but don’t take money off the table. The American economy is on a solid footing and prospects are good for equities. Stronger consumer and business spending should power GDP growth of about 2.5 percent for the balance of the year—boosting corporate profits from domestic sales. And the dollar has fallen against major […]
Are Rising Interest Rates Good For Your Investments?
Recent reports indicate that the Federal Reserve is expected to raise interest rates again this year. What effect will this have on individual investors and your investment portfolio? Audio Length: 00:20:50 (Click on the play button to listen to the podcast)
Forex Week In Review – March 21, 2016
Last week was another mixed affair for the world’s major markets. The oil price continued to consolidate further, strengthening speculation that the price has bottomed out. In Europe over the course of the week, the FTSE was up by 0.81%, it closed at 6189.6; the Dax ended at 9950.8, up by 1.2% on last week’s […]
BoJ’s Patience Running Thin – USD/JPY To Prove Testy Around ¥110.00
One long-standing axiom of markets, at least during the QE years, is being tested in real time, and it’s making Bank of Japan policymakers (and at this point, politicians too) nervous: the Japanese Yen shall fall when equity markets rally. After weeks of central bank action surprising on the dovish side, market participants have been left scratching […]
Sterling Slides On Tory Party Discord
The US dollar is beginning the week mostly firmer against the major and emerging market currencies. The Japanese yen, where local markets were closed for the spring equinox is up slightly, and the Australian dollar turned higher in the European session. However, sterling has remained under pressure from the start. Ian Duncan Smith’s resignation […]
European Stocks To Open Lower As Oil Slips
European markets are expected to open lower on Monday, following mixed trade in Asia and a drop in oil prices that continues to hit investor sentiment in global markets. London’s FTSE 100 is seen off 31 points at 6,159; France’s CAC 40 is expected to open 24 points lower at 4,438, while Germany’s DAX is […]
45? It’s Not Too Late To Retire A Millionaire – Here’s How
Written by Eric Nelson Are you way behind in saving for retirement, or haven’t started at all? Good news: There’s a way out of your predicament! Follow these three basic principles religiously and, along with a little luck, you still should be able to achieve your long-term financial goals. What if you’re about 45 today and […]
Fed Remains Cautious, Keeps Interest Rates Unchanged
U.S. interest rates were left unchanged at 0.5% during Wednesday’s Federal Reserve (Fed) meeting. The Fed stated that unemployment is getting better but they are waiting for inflation to meet the 2% target set by them. Moreover, the U.S. policymakers forecast that the economy will continue growing at a moderate pace. Fed raised interest rates […]
