The Economy of Saudi Arabia
The economy of Saudi Arabia will have a great impact on the price of oil and the trend of the prices. Understanding that economy can shed a lot of light on oil prices.
The economy of Saudi Arabia will have a great impact on the price of oil and the trend of the prices. Understanding that economy can shed a lot of light on oil prices.
Over the last few months there has been couple of shifts. The production cap by OPEC has been holding up. The crude oil exports of Saudi Arabia has been declining but its processed products exports were going up. China made the shift from Saudi oil to Russian and even Angolan oil.
Where the "market" goes from here seems dependent more on the laws, policies and the actions of the federal reserve.
About the only thing that is left to buy is commodities. Even these, the price of which is now primarily determined by the overhead imposed on them. From taking them "out" to getting them to the consumer, tax after tax and overhead over overhead.
The oil prices have been on the run for the last 7 months. There was many factors that probably started the run and missing them cost money.
Two magic words get the public drool, tax cuts and jobs. The former is used by the government and the latter used by corporations. And both are big lies. What the government gives in the right, they take in the left; they control the value of everything you have. What the corporation claim to give,… Read More »
Bought FAZ Friday 9/15. I paid $15.79 a share. I have 500 of them. Here is what happened since. https://www.cnbc.com/2017/09/18/goldman-banks-win-from-feds-upcoming-historic-move.html https://www.cnbc.com/quotes/?symbol=.BKX It is a stock not a company so it is about preception. If peple thing banks are goign to make more money, they they buy them.
This is a collection of websites or channels that aggregate information regarding the markets, financial, commodities and what have you.
Chinese economy has been on the tear in the last few years. But it seems that India in the next big thing. That is most base on population growth and economic expansion.
https://en.wikipedia.org/wiki/Head_of_the_Bight https://en.wikipedia.org/wiki/Mirning