Is OPEC about to flinch and cut oil production?
Breakfast with Benjamin: OPEC might be rethinking their strategy of flooding the market with oil to crush the fracking industry.
- After five months of playing it cool, OPEC is starting to sweat over low oil prices. An emergency meeting is now being considered, which means they might be rethinking their strategy of flooding the market with oil to crush the fracking industry. Saudi Arabia remains committed to the strategy
- Obama’s AARP speech fires a populist shot at the usual suspects: Financial advisers, Wall Street, and, of course, banks. Protecting Americans from financial advisers who sell faulty advice in order to pocket commissions from big banks
- If you believe the price of oil has more upside than downside, energy-sector junk bonds might be the place for you. Betting that supply and demand market forces will prevail
- If banks are sitting on huge piles of low-yielding cash, should the rest of us be worried? Things aren’t nearly as wonderful as they might appear
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