Low energy prices can be a boon for economic growth but the recent dramatic drop in energy prices is being blamed in many circles for a global slowdown. Market expert Donald Luskin discusses the fallout from energy price volatility.
The current bear market in crude oil has gone through many stages. In fact, one could compare it to a 12-step program; and many a trader and analyst have probably entered one as they have been driven to drink while trying to figure out where the oil market would go.
After nearly 18 months of extreme pressure, global oil supply is still solidly above demand, and according to Energy Capital Research Group, significant sector-wide downside remains. We asked the Baltimore-based energy analytics firm to weigh in.
In early February, shares in Ferrari (RACE) plunged more than 10% to $34.98 after the Italian supercar maker issued conservative guidance for its first full year independent from Fiat Chrysler (FCAU), sending the shares to their lowest level since it’s Oct. 21 initial public offering.
W. D. Gann’s methods remain in use today, more than a century after their discovery. In this two-part article, we’ll explore their philosophical underpinnings, how they were discovered and how they evolved over time.
Nearly two years ago the U.S. returned as a petroleum powerhouse, a role not seen since the 1970s. The U.S. was pumping so much oil that it became less dependent on foreign supplies and was projected to be the leading world producer in a decade.