Tag Archive: oversupply

Is Slumping Crude Oil a Bad Sign?

Oil is hitting fresh 2017 lows in recent trade, and it is certainly having an impact on equities. “Black gold” traded below the $43 per barrel level today, and all signs appear to be currently pointing to ongoing downward pressure. Oil can potentially be a good barometer of overall economic activity, and the recent slide in prices to their lowest levels of the year cannot be ignored. Continuing worries over a global oversupply are preventing any significant rise in prices, and until that oversupply is... Continue Reading

Will the Fed Sink the Ship By Hiking?

The debate about the pace and timing of any further interest rate hikes by the Fed has been a primary focus of investors since the historic Brexit vote in late June. Although some data has looked promising, other key pieces of data have been an outright letdown. Due to some of the mixed signals being seen in the data stream, Fed Funds futures have seen frequent changes and markets are currently pricing in only a small chance of a September rate hike. These contracts are,... Continue Reading