U.S. and global oil benchmark prices climbed to their highest levels since 2011 and 2014, respectively, after OPEC and its oil-producing allies decided to stick to their plan of gradual output hikes, despite the escalation of the Russia-Ukraine conflic…
OK, I can’t end the day without just one more post. It’s a simple one, and one which applies to the market as a whole. I’ll leave them to your own interpretation (except for my always handy tip to click the danged thing for a bigg…
The war in Ukraine has set off Europe’s fastest migration in decades, The New York Times reports. In the five days since Russia’s invasion of the country on Thursday, almost 700,000 people left Ukraine, according to UN refugee agency UNHCR. On March 1,…
After Western nations hit Russia with unprecedented economic and financial sanctions over the country’s invasion of Ukraine, China has announced that it won’t participate in unilateral sanctions. Instead, the country “will continue to maintain normal e…
As the Russia-Ukraine conflict escalated and possible sanctions against Russia were discussed, much of the focus has been on cutting off Russian energy exports, the lifeblood of the country’s economy. As the ruble’s value plummeted to historic lows thi…
Initial victories do not guarantee the war will be won. Rather, they arouse the most dangerous enemy: the fatal hubris of over-confidence.
Remember the bear market during the financial crisis? I sure do. May I present to you my latest creation in Layered Charts, which shows the “GFC” (red line) and the present day (blue line). For what it’s worth: As long as we’…
I don’t think there’s any single equity mentioned more often here as a short idea than eHealth. It’s amazing to see how far it’s come. Toast, baby.
Well, SOME companies are absolutely loving this whole war and death thing. LIFETIME HIGHS on LMT: Just in case anyone doubts the influence and fortunes of the military-industrial complex that Eisenhower tried, and failed, to sway us from…R…
Nobody knows when the United States Supreme Court will hand down its decision on abortion rights, but when it does, it is likely to cause a storm. Based on the decisions made by the majority conservative court in the past, it is possible that the feder…