Riyadh and other Persian Gulf producers are ready to cut oil output by at least four percent and are seeking Russian support, Reuters reports, quoting sources familiar with the matter. No price jump as Iraq refuses to join OPEC production
October 30, 2016
by Dan Steinbock, Difference Group According to the third-quarter data, China’s economy grew 6.7 percent for a third consecutive quarter. Critics claim otherwise. Yet, the real disagreement involves business cycles and secular trends. China’s sequential growth is now at 7.2 percent;
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Sarah Anderson at Institute for Policy Studies writes about how the 1993 reform to rein in runaway CEO pay by capping tax deductions of executive compensation at $1 million created a loophole as it did not apply to stock options and other
Confirming the swirling rumors from Friday, WTI crude is leaking lower (near $47 handle) in early asia trading afer Bloomberg reports OPEC’s internal disagreements over how to implement oil-supply cuts agreed to last month prevented a deal to secure the cooperation of other major suppliers. More than
Suggesting a stock should be sold is not meant as an insult to the company. But it is often a touchy emotional subject and one often guided more by competing folklore (i.e., ride your winners and sell losers versus take
One candidate for the title “next new thing” is “impact investing.” As the term suggests, this refers to investing with an eye to the ways in which the investor’s decisions make an impact upon society beyond his own portfolio. This
The following is a guest blog post: Investopedia said sometime in August that it saw a six-fold week-over-week increase in the page views of an article on how to trade binary options in the US. The translation of this is that an
Shares of L Brands, Inc. (LB) were up nearly 2% on Friday, as the company continues to benefit from its upbeat earnings report and speculation that the stock may be headed for a comeback. Best known for its Victoria’s Secret
Financial markets and derivatives authority Janet Tavakoli returns to the podcast to discuss a number of the themes contained in her new book Decisions: Life And Death On Wall Street. She paints a particularly informative timeline of the greed and rot
