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OPEC Cuts: This Hasn’t Happened Since 2008
For the first time in eight years, OPEC members agreed to cut production by 1.2 million barrels a day to 32.5 million.
As a result, the price of oil soared 8.2% to $48.93 and could push higher to...
The Thanksgiving Effect You May Not Be Aware of…
About 75% of the time since the end of World War II, markets have rallied over the Thanksgiving holiday. In fact, the Wednesday before the holiday and the Friday following have shown higher gains than your normal Wednesday and Friday.
This year was...
Markets Could Fall 15%, If This Is True
By all accounts, the Fed Reserve is ready to hike rates.
According to the CME Group, there’s now a 95.4% probability the central bank could raise rates by 50-75bps on December 14, 2016.
If true, the markets could...
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