Brent Crude Continues Freefall, Crashing to Lowest Point Since 1999
Now below $16 per barrel
Tag: Economy
Another Million Homeowners Just Applied For COVID-19 Forbearance In The Past Week
The spike in distressed homeowners comes as existing home sales tumbled at the fastest rate in over four years.
$18 a barrel: Brent oil falls to lowest point since post-9/11 plunge
Brent futures crashed by 25 percent on Tuesday afternoon
Why Markets Are Rallying as Millions Become Unemployed
Wouldn’t you feel great knowing that your stock picking is fully insured by the Fed? Billionaires and wealthy hedge fund managers know the feeling
Las Vegas Strip now a ghost town
The COVID-19 depression will expose the Las Vegas convention center bubble for what it is: a massive malinvestment
Three Reasons Why Politicians Must Leave Oil Markets Alone
Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time
Money Supply Growth Surges to 92-Month High
During March 2020, year-over-year (YOY) growth in the money supply was at 11.37 percent. We’re now seeing a trend similar to what we saw during late 2008 and early 2009
Desperate Workers Rising Up Against Stay-At-Home Order
Minnesota patriots fighting against tyrannical government overreach
Brent Crude Tumbles Below $20 Per Barrel
Oil markets in freefall amid collapse of demand
The Oil Price Collapse Is Yet Another Sign That Economic Activity Is Crashing Dramatically All Over The World
The insanity that we are currently witnessing in the financial markets is difficult to believe.
US oil benchmark goes NEGATIVE for first time after 300% price plummet
Global oil storage is currently reaching its limits
Finally Kicking the GDP Habit
GDP is fine for counting up things like washing machines. But it is quite useless for counting other basic indicators of the quality of life
We Can’t Just “Restart” the Economy Where We Left Off
If we’re serious about maximizing the resources needed to combat COVID-19, we need an economy that is deregulated and flexible
Shake Shack Receiving Government Loan Intended for Small Businesses Sparks Outrage
Treasury Secretary Mnuchin ‘glad’ to see burger giant return $10 million PPP loan
Disney Stops Paying 100,000 Workers While Top Exec Takes Three Percent Pay Cut
Company tells employees to apply for welfare