How quickly things have changed. Just a year ago, the Federal Open Market Committee (FOMC) gave a picturesque view of the economy. Any inflation was transitory and would likely fall to 2% in 2022. The federal funds rate would...more
Find out why rising crude oil prices could pose a hyperinflationary threat to the U.S. economy....more
9/30/2021
/ Commodities ,
Coronavirus/COVID-19 ,
Energy Market ,
Federal Reserve ,
Futures ,
Oil & Gas ,
Oil Prices ,
Popular ,
Price Inflation ,
Quantitative Easing ,
Valuation
The recent events in Iraq – the attacks on a U.S. embassy, a U.S. drone strike that killed an Iranian general and Iran’s missile attack on a U.S. air base in Iraq – has created renewed tension in the Middle East with crude...more
U.S. benchmark (West Texas Intermediate, or “WTI”) and international Brent crude oil prices have plunged by more than a third from an October 3, 2018 high of $76.41 per barrel (/bbl) and $86.29/bbl, respectively—the largest...more
In the last month, crude oil prices have retreated from four-high highs amid concerns of rising oil production worldwide and weakening demand from developing countries despite the U.S. re-imposing sanctions on Iran. The oil...more