Talk of a trade war has been increasingly ubiquitous for the past few months, whether it be between the U.S. and either China or the U.S. and the European Union.
Read more here.
By SIMON CONSTABLE
The crude oil market has a blunt message for the world.
U.S. sanctions on Iran will bite hard and so remove a chunk of crude oil supply from the global market. That’s why prices for this energy have rallied so much lately.
The price for light sweet crude has rallied almost 10 percent over the past few weeks to $73.63 a barrel recently from $67.25 at the beginning of May, according to data from Bloomberg.
In early May the Trump administration signaled an end to U.S. participation in the so-called Iran nuclear deal and would, therefore, begin to impose sanctions on the country. The Obama-era agreement had allowed Iran to trade oil and other goods in exchange for not developing nuclear weapons. Read more here.
By SIMON CONSTABLE
Sometimes you’ll see investment research that discusses so-called top-down and bottom-up estimates of how much money the companies in the S&P 500 index will earn overall.
The differences can sometimes be meaningful. Read more here.
Rob Young from United Kingdom, CC BY 2.0, via Wikimedia Commons