• U.S. bond yields near seven-year high stymie world stocks' recovery

    2 monthes ago - By Reuters

    World stocks flatlined on Wednesday just above eight-week lows, curbed by U.S. long-dated borrowing costs near multi-year peaks, renewed fears for the global economy and the possibility of an Italy-EU clash over budget spending.
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  • One Of America's Oldest Coal Companies Just Filed For Bankruptcy

    One Of America's Oldest Coal Companies Just Filed For Bankruptcy

    2 monthes ago - By Huffington Post

    Westmoreland Coal Co. is the fourth major U.S. coal company to file for bankruptcy in the past three years.
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  • World's biggest traders see oil at $65-$100 a barrel next year

    2 monthes ago - By Reuters

    The world's biggest trading houses said on Wednesday they saw oil prices not falling below $65 per barrel and possibly breaking above $100 next year due to U.S. sanctions on Iran.
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  • Why Oil Could Go To $100 Soon

    Why Oil Could Go To $100 Soon

    2 monthes ago - By ETF Daily News

    According to a recent Cornerstone Macro report, the three most influential macro trends this year have been 1) the strengthening U.S. dollar, 2) the flattening yield curve and 3) slowing global manufacturing expansion.
    I've written about all three topics numerous times this year, but the one I've watched the most closely has been global manufacturing, as measured by the purchasing manager's index. Since its 12-month high of 54.5 in December 2017, the PMI has declined in eight of the past nine months. September marked the fifth straight month of slower manufacturing growth.
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  • Stocks flatline after selloff as U.S. borrowing costs hold below multi-year peaks

    2 monthes ago - By Reuters

    World stocks inched off eight-week lows on Wednesday as U.S. long-dated borrowing costs held below multi-year peaks, though market gains were checked by fears for global economic growth and the possibility of an Italy-EU clash over budget spending.
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