For over five years the oil market has been led to that believe Brent was the global proxy futures benchmark, more reflective of supply and demand permutations around the world, as opposed to the West Texas Intermediate deemed more indicative of US conditions. Crude Oil Weekly price is on bearish market condition: the price is bouncing from 37.88 resistance level to start ranging within the primary bearish market condition with 35.94 support level as the nearest target to re-enter. ...
Carl Brandt (Swedish, 1871-1930) Norrländskt vinterlandskap med Åreskutan i fonden 1921
Star Wars has plenty of lessons on money and life management. Here are key insights. Ignore the Special Effects, What’s the Story? Translated from George Lucasspeak, this means you have to ignore short-term events and focus on the big picture. Know the Dark Side of the Force. Know what kind of risk you can tolerate and how much money you can afford to lose given your age. Reconsider Retirement. ...
The market went through an adjustment period, with average returns falling from 14 percent before the rate hike to 2.6 percent 250 days afterward. By 500 days, returns returned to their pre-hike average of around 14 percent. Chair Yellen announced that, for the first time in seven years, easy money will become slightly less easy. The target rate will be set at between 0.25 and 0.50 percent, which doesn’t sound like much, but it’s important. ...
The Federal Reserve has decided to raise interest rates by 0.25%. Here's what the move means for your student loans, mortgages, credit cards, and all other facets of your wallet. Bankrate’s McBride noted that adjustable-rate mortgages only adjust once per year — so it’s not as if you will see your payments fluctuating on a monthly basis. However, this means that “the Fed could raise rates two or three times becore your rate adjusts. Then ...
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