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The Oil Market ‘Is Lying To Us,’ Oil Execs Say
(Yahoo! Finance) - Big Oil is making money but losing sleep. Sure, high oil prices are nice; we’ll find out next week exactly how nice when the majors report first-quarter earnings. But what goes up must eventually come down.
Rerouted, Not Retreating: U.S. Global’s SEA ETF and the New Economics of Global Cargo
Freight rates don’t usually make headlines until something goes wrong.
Recent
Market Gurus Remain Baffled By Market Resilience
Investors hoping for more clarity from professional prognosticators 17 months after the pandemic upended financial markets are out of luck.
Strategists Lay Out The Correction Case
Bank of America’s Savita Subramanian, Morgan Stanley’s Mike Wilson, and Stifel’s Barry Bannister have all issued correction calls in recent weeks.
Wall Street Doomsayers Are Out Of Touch
Corporate profits have roared higher in such a spectacular fashion that stocks are now 20% cheaper than they were when the pandemic was just starting.
Shorting Cathie Wood Reaches Record Levels
The family office run by "Big Short" investor Michael Burry was among a slate of hedge funds revealing bearish bets on the semi-speculative ETF.