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How long will it be before crude trades in the teens?It's a question without doubt in the minds of us all, though another question to be asked is what will happen to shale oil at those prices.West...
Economic data expected this week to reflect virus-related slowdowns S&P 500 down 30% in just five weeks; will government easing slow the negative spiral? EU warns of recession similar to 2009...or...
Investors should brace for another volatile trading week in the U.S. Coronavirus continues to spread, the administration races to mitigate the economic fallout from the deadly pandemic, and markets...
Over the last decade, Texas could only think of one thing to tell its oil industry: “drill, baby, drill!”Now, the Lone Star State is telling those same drillers: “slower, baby,...
The S&P 500’s 30% plunge in the past month, the fastest in the stock market history, has created buying opportunities for both retail and wealthy investors.Some of the world’s...
There have been two previous, major financial markets crashes in the past 20 years. During both, the U.S. dollar became the life raft of choice that everyone wanted to cling to.The more recent,...
For some longs in natural gas still shuddering at finding themselves at 25-year lows after this week’s 14% price collapse, I hate to be the bearer of this news: the worst isn’t over.The...
Financial institutions, energy firms and energy-focused organizations around the world are currently adjusting forecasts for oil demand in 2020 given the continued, global spread of coronavirus and...
Following the recent, rapid collapse in oil prices, the world has suddenly changed dramatically for the largest oil companies in the U.S. and their investors. Triggered by what looks like the perfect...
The price of oil just crashed to below $25.00 as we write this. That's right below the intraday low and $26.21 closing price of February 2016. It's also in line with the commodity's 17-year low hit in...
We live in the strangest of times where a 24 hour period can feel like 24 days. Just yesterday, I wrote that I wasn’t sure if Donald Trump’s acknowledgement of a potential recession...
Facebook (NASDAQ:FB) investors have been hit hard and fast over the past month. Shares of the world’s largest social media platform have been plummeting in tandem with the S&P...
Under ordinary circumstances, one emergency rate cut should have been enough to do it for Wall Street. But these are extraordinary times, so even two unscheduled Fed cuts haven’t worked their...
It turns out having lawyers instead of economists or central bankers at the head of the world’s two most important central banks kind of works in prosperous times but is a luxury we can ill...
The Federal Reserve made another emergency cut yesterday, slashing rates by 100 basis points to close to 0% for the first time since the 2008 financial crisis. The U.S. central bank also launched a...
Forget oil. The oft-used refrain that “it’ll probably get worse before it gets better” has suddenly taken on a very frightening meaning for markets and investors of most stripes and...
With the world still caught in the throes of the deadly coronavirus pandemic, it’s hard to predict which direction the global economy will take after it's over. But even amid this uncertainty,...