Many investors study supply and demand statistics to figure out where they think the oil price is going.
While we've yet to set new highs, the trend has collectively been upward, although we have that strange anomaly caused by the late 2012 tax-planning strategy that impacted the Personal Income.
Financial promises made under different conditions and assumptions are null and void, period.
Hollande is – similar to many of his predecessors – apparently very concerned about keeping France's unique cultural heritage alive and kicking, even if that means he has to invent and/or raise a few more taxes here or there.
Wholesale gold bullion prices fell to three week lows around $1410 an ounce Wednesday, as European stock markets ticked higher, reversing earlier losses following disappointing Eurozone growth data.
Seems like hardly a week goes by now, without at least one international think tank or commentator talking about lofty-looking Canadian realty prices and the over-exposure of Canadian banks and taxpayers via the CMHC underwriting of high leverage loans.
Over the past two years the spot price of natural gas fell from nearly $5 per million British thermal units (MMBtu) in June 2011 to less than $2 per MMBtu in April 2012, before beginning a steady climb back to the current level of about $4 per MMBtu.
Japanese government bonds experienced a spectacular sell-off in the past few days, with the 10-year JGB yield rising by a half of its value.
Howard Baker’s famous question, uttered in the days of the Watergate hearings, is now being echoed in reference to Benghazi and other matters: “What did the President know and when did he know it?”
The Dow was higher by 0.82% and the S&P 500 closed at a new high rising 1.01%. Hedge fund titan David Tepper set the tone for the market this morning on an interview on CNBC prior to the open. He feels the U.S. economy is in a “goldilocks” phase when it comes to growth and the stimulus provided by the Federal Reserve.
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