Investing & Trading
On Monday, investors, analysts, economists and even ordinary people were flabbergasted when the WTI (West Texas Intermediate) crude dropped to not only below US$10 a barrel, but also below zero to the negative territory. It was so bad that at one point, the price hit “negative US$40.32”, before ending the trading day at “negative US$37.63” […]
... written on Apr 22 2020When the crude oil dropped to below US$30 a barrel, some said it’s impossible for it to reach US$20. But when it finally breached the US$20 level, they said it’s absolutely impossible to go US$10. Guess what, the US$10 a barrel of oil has just been breached. On Sunday, the U.S. benchmark – WTI (West […]
... written on Apr 21 2020The U.S. recorded its first Coronavirus fatality on February 29. Approximately 38 days later, the death toll breached 10,000. Astonishingly, it took just another 9 days for the 10,000 fatalities to triple to 30,000. And the country has been smashing one record after another to emerge the champion for the wrong reason. That makes President […]
... written on Apr 17 2020JPMorgan Chase has just revealed its first-quarter profit, and it’s not good. The American bank, ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, only earned 78 cents per share – compared to US$1.84 expected from analysts. Its profit of US$2.87 […]
... written on Apr 15 2020Some people can’t wait to retire to just sit by the beach and do nothing all day. Others just don’t want to punch a time clock. Whatever your retirement dreams, you are probably going to need more than just your Social Security payments to get by every month. With all the different ways to […]
... written on Apr 02 2020Have a big billion-dollar idea for a new business? Great! Now what? How do you get the money to get it out there? So, inspiration hit you overnight and you found the most brilliant business idea that will certainly be a big hit. You already see yourself being a famous entrepreneur, the business grows, […]
... written on Mar 31 2020As adults, we need a job to survive. Living in this world means that you need to find money to support yourself as much as possible. You cannot just sit and wait; even in the ancient civilizations, those who wait to end up dead. The world may not be as savage as it was back […]
... written on Mar 21 2020In a world called the planet Earth, three powerful men determine, influence and control the world oil prices. They are U.S. President Donald Trump, Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman. Until 2018, Trump was still the most powerful of the trio, where his foreign policies – through Twitter’s tweets – […]
... written on Mar 18 2020A sea of red on global stock markets continue as the Coronavirus crisis deteriorated and the meltdown in the U.S., the world’s biggest economy, crashes confidence. The DJIA (Dow Jones Industrial Average) fell 10%, or 2,352.6 points – its largest one-day percentage drop since the October 1987 crash, which is also known as the infamous “Black […]
... written on Mar 13 2020Be prepared for US$20 oil in 2020. Ali Khedery, a former ExxonMobil’s senior advisor for the Middle East, said so and now even Goldman Sachs warned that twenty bucks for a barrel of crude oil is absolutely possible. On Sunday, oil prices crashed by more than a third or 30% – the worst one day […]
... written on Mar 09 2020
