Tag: Negative Oil Prices
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![Worth Less Than Nothing: What Happened, Why It Did, What It Means, and What’s Next For Oil]()
Worth Less Than Nothing: What Happened, Why It Did, What It Means, and What’s Next For Oil
What happens when a global pandemic meets a price war on oil? Or, what happens when severe practical problems meet ineffective policymakers? Rather, what happens when an exogenous shock exposes a fragile system that fails to engage critically in its own risk assessment? Oil prices go negative. US oil futures expiring tomorrow entered negative territory…
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Oil prices take a dive, and Equity Guru tells you what it all means
As if 2020 has not been weird and unusual already, today the world experienced another unprecedented wacky event: negative oil prices. If anyone reading this is about to rush to the nearest gas station to get paid to fill up their tank, think again. I already tried that and it didn’t work. A more in-depth…
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![Extreme Fear Gauge readings versus notes of optimism from the Fed and a major investment bank]()
Extreme Fear Gauge readings versus notes of optimism from the Fed and a major investment bank
The across-the-board market volatility witnessed in recent sessions has been nothing short of astounding. Example: The lifeblood of a number of nations around the globe—Oil—did one jaw-dropper of a cliff dive yesterday… Then, only 24 hours later, Oil put on a show that would’ve made even Ed Sullivan stand up and applaud (a close-up 3-month…
