The NYSE Doesn’t Hate President Trump

The NYSE Doesn’t Hate President Trump

Markets had a few days to digest Trump’s surprise victory on November 8th. Many experts said that the markets would react negatively to Trump’s presidency. Conventional wisdom in Wall Street held the view that the best possible outcome for the markets would be a...
Markets In Disarray As Trump Wins

Markets In Disarray As Trump Wins

Pollsters gave Hillary Clinton great odds of winning, and she fell short. Trump was an underdog all throughout the race, with his brash style, seemingly antagonizing so many sectors of the population that no one thought he would ever make it to the White House. But...
Venezuelan Bolivar Faces Bottomless Decline

Venezuelan Bolivar Faces Bottomless Decline

One of the most volatile currencies on earth is facing more devaluation. The Venezuelan Bolivar, which had a measure of stability for most of the year, is now quickly depreciating. Black market prices for a single US Dollar are expected to reach the $1,700 Bolivar...
Oil Plummets Once Again

Oil Plummets Once Again

Apparently when OPEC finally agrees on a cut in production, its members cannot agree on the production baseline from which cuts must be calculated. Additionally, meetings between OPEC members and non-OPEC oil producers, have not yielded an agreement either. As a...
Oil Struggles To Hold Gains

Oil Struggles To Hold Gains

Oil traders should hold those bulls. The fundamentals of oil markets have not yet changed, and the price of crude reflects that. Demand is pretty stagnant, and supply is abundant, which means prices have really struggled to hold their gains. WTI has been unable to...

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