By SIMON CONSTABLE
When investors first read or hear the term “Brobdingnagian base” they might be taken aback. Not only is “Brobdingnagian” a mouthful to pronounce, it is a literary reference that at first glance might seem unrelated to finance. Read more here.
By SIMON CONSTABLE
Increased global demand, together with recent supply cuts, could spark a more than 20% rally in oil prices this year, experts say.
“We expect prices to peak at $65 and remain in the range $55 to $65,” says Art Hogan, chief market strategist at National Securities Corp. in New York.Futures contracts for light sweet crude were recently fetching $53 a barrel on the Commodities Mercantile Exchange. Read more here.
By SIMON CONSTABLE
Weary tax payers may remember the banking bailout of 2008. That’s the time when the Federal government forked over $700 billion to financial institutions in order to save the banking system.
Was that favor returned to businesses in need during the recent Covid crisis? No. Read more here.
By SIMON CONSTABLE
For the first time in what seems like forever, U.S. inflation is trending higher. However, that may not continue and that could have a major impact on the bond market. Read more here.
By SIMON CONSTABLE
A drop in corn production will result in reduced supplies of the grain, propelling prices higher over the next few months, experts say.
U.S. corn inventory at the end of the 2020-21 growing season will be 1.3 billion bushels, far lower than the 1.7-billion-bushel level expected by the U.S. Department of Agriculture, says Shawn Hackett, president of Hackett Financial Advisors. Read more here.
By SIMON CONSTABLE
As if 2020 wasn’t bad enough, 2021 will likely bring biblical-style extreme weather including droughts, frigid winters, and monster hurricanes, recent research shows. Read more here.
By SIMON CONSTABLE
How will stocks perform in 2021?
It’s hard to know before it happens. However, if you are willing to wait until the end of January you’ll have a highly reliable signal on which way it will go, according to a recent report from Wall Street analytics firm CFRA. Read more here.
