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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
Supreme Court Limits Power Of SEC To Unilaterally Enforce Financial Fraud Regulations
The Supreme Court on Thursday limited the power of the Securities and Exchange Commission to enforce security fraud violations.
There's Something Odd About The Stock Market's Concentration: Morning Brief
The major indexes may have only chalked small gains Wednesday, but while the generals were sleeping, the soldiers were on the march.
Hedge Funds Sell Tech Stocks ‘Aggressively,’ Goldman Says
This month’s net selling in the US tech sector is on track to be the largest on record going back in data since 2017, according to Goldman’s data.
Big Banks Pass Fed Stress Test As They Fight Stricter Capital Rules
The 31 large US banks that participated in a Federal Reserve stress test would all be able to withstand a severe global recession.