Tag: oil market
Chaos In The Oil Markets Explained
Whitney Tilson’s email to investors discussing his colleague Berna Barshay on the chaos in the oil markets. The Chaos In The Oil Market After more than 25 years since my first day on the trading floor, it’s not often that I see something that I’ve never seen before – and never thought I’d see! But yesterday was […]
America’s Fake Economy And Shale Oil Boom
PARIS – We promised to end the week with a bang! You’ll recall that Fed policy always consists of the same three mistakes… 1) Keeping interest rates too low for too long, resulting in too much debt; 2) Raising interest rates to try to gently deflate the debt bubble; and 3) Cutting rates in a […]
Oil Is Breaking Out, How About Oil Company Stocks?
In late 2016, OPEC agreed to cut production in order to address an oversupplied oil market. Global crude oil inventories had reached record highs, and the price of oil had crashed. OPEC’s strategy is having the desired effect. Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined. In response, […]
