Playing dirty? Recent OPEC production cuts are as large as total U.S. growth over the past 2 years…
Playing dirty? Recent OPEC production cuts are as large as total U.S. growth over the past 2 years…
While commodities were among the first assets to be traded on public exchanges, the irony is that this first market innovation should be resistant to the latest innovation: indexing.
espite the previous week’s strong GDP report and Friday’s strong payroll report, concerns of stubbornly low price and wage inflation combined with concerns of sluggish consumer spending and business investment led the FOMC to keep the Fed Funds target rate unchanged while indicating there is no strong reason to adjust rates either way.
Mental accounting is a truly defining feature of the human condition. We naturally sub-divide and categorize all sorts of events and resources, and not just with money either; it is a coping mechanism for our brains.
Just when you thought it was safe to buy guacamole again, Avocado prices surge 45%! Millennial purchasing power may never recover…
Thirty times rarer than gold, platinum occurs at very low concentrations in the Earth’s crust. There are only four countries in the world that have platinum mining operations of any significance and of these South Africa has the largest platinum resources by far.