Description: (Bloomberg) — There’s one place in the world where oil is still $95 a barrel. On paper. Source: Bloomberg.com Date: March 04, 2015 Link: http://www.bloomberg.com/news/articles/2015-03-04/oil-at-95-a-barrel-discovered-in-sec-rules-on-reserves Questions for discussion: What are the implications of the current price for oil? How should investors deal with this concern?
Posts Categorized: Economic Analysis
Goldman Sachs CEO on the benefits of low oil
Description: Goldman Sachs CEO Lloyd Blankfein says low oil prices are a net positive for the U.S. economy. Source: CNNMoney.com – video report Date: Feb 24, 2015 Link: http://money.cnn.com/video/investing/2015/02/24/lloyd-blankfein-goldman-sachs-oil.cnnmoney/ Questions for Discussions: Why does Lloyd Blankfein believe lower oil prices are good for the economy? How should investors be expected to respond if his understanding… Read more »
Banks and bonds
Description: David Rosenberg, chief economist at Gluskin Sheff and Associates, explains why banks might be investing in U.S. bonds Source: CBC.ca – video report Date: Feb 23, 2015 Link: http://www.cbc.ca/player/News/ID/2655447343/ Questions for Discussions: What does David Rosenberg suggest is happening in global markets today? Why would U.S. bonds be attractive to banks?
The Hot New Statistic Oil Traders Are Eyeing Is 71 Years Old
Description: (Bloomberg) — It was like clockwork. Every week since 1944, Baker Hughes Inc. would release its survey of how many rigs were out drilling for U.S oil and gas. And every week, oil and gas traders would, for the most part, overlook it. Source: Bloomberg.com – video report Date: Feb 18, 2015 Link: http://www.bloomberg.com/news/articles/2015-02-18/the-hot-new-statistic-oil-traders-are-looking-at-is-71-years-old… Read more »
If history is a guide, oil could rebound in May
Description: Oil bulls may only need to be patient for a little while longer. Source: MarketWatch.com Date: Feb 18, 2015 Link: http://www.marketwatch.com/story/if-history-is-a-guide-oil-could-rebound-in-may-2015-02-18 Questions for discussion: Explain the analysis upon which the prediction is based. Do you agree with this assessment and prediction?
Citi: Oil Could Plunge to $20, and This Might Be ‘the End of OPEC’
Description: The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a report on Monday as it lowered its forecast for crude. Source: Bloomberg.com – video report Date: Feb 09, 2015 Link: http://www.bloomberg.com/news/articles/2015-02-09/citi-oil-could-plunge-to-20-and-this-might-be-the-end-of-opec- Questions for Discussions: Summarize the arguments for oil… Read more »
Oil rally is a “short squeeze” that won’t last: Trader
Description: Todd Horwitz, founder at AverageJoeOptions.com, joins The Close to explain why he believes the current rally in crude oil prices won’t last long. Though he suspects oil will eventually recover to $65 or $75 per barrel, he believes this rally won’t lift prices to those lofty levels. Source: BNN.ca – video report Date: Feb… Read more »
Bullish Dollar Super Cycle to Push on Companies: O’Rourke
Description: Michael O’Rourke, chief marketing strategist at Jonestrading, discusses how businesses are dealing with the strong U.S. dollar. He speaks on “In The Loop.” Source: Bloomberg.com – video report Date: Jan 28, 2015 Link: http://www.bloomberg.com/news/videos/2015-01-28/bullish-dollar-super-cycle-to-push-on-companies-o-rourke Questions for Discussions: Summarize the analysis presented by Michael O’Rourke. Do you agree with his assessments with respect to currency… Read more »
How 2014’s Huge Market Moves Are Affecting the Economy in 2015
Description: Global financial markets made a series of epic moves in the second half of 2014: toward a sharply lower price of oil, much lower interest rates, and a far stronger dollar. Source: NYTimes.com Date: Jan 28, 2015 Link: http://www.nytimes.com/2015/01/28/upshot/how-2014s-huge-market-moves-are-affecting-the-economy-in-2015.html?ref=economy&abt=0002&abg=0 Questions for discussion: Summarize the highlights presented in this report. Do you agree with the… Read more »
Markets tumble as Greek government begins to backtrack on austerity
Description: Greek borrowing costs jump and markets tumble as Alexis Tsipras, Greece’s new prime minister, vows never to blindly submit to European creditors and government blocks sale of state assets Source: Telegraph.co.uk Date: Jan 28, 2015 Link: http://www.telegraph.co.uk/finance/economics/11374258/Markets-tumble-as-Greek-government-begins-to-backtrack-on-austerity.html Questions for Discussions: Why did the Greek stock market drop off so dramatically? What are the concerns… Read more »
