Investors in United Arab Emirates construction stocks can remember the good days — when oil above $100 a barrel encouraged a seemingly endless stream of lucrative projects. Now, with crude priced at half that, companies are trying to rebuild their balance sheets.
The 10-year Treasury yield may climb to 2.75 percent to 3 percent over the “medium term’’ as the Federal Reserve will probably raise rates twice more this year, according to Pacific Investment Management Co.
The likelihood of a reduction in the Fed’s balance sheet over the next couple of years will also bolster yields, said Mark Kiesel, Pimco’s chief investment officer for global credit.
IS DONALD TRUMP DETERMINED TO MAKE THE WORLD A BETTER PLACE ?
Tensions are growing seriously as Donald Trump seems to have taken a pro-active tack on International issues, both in North Korea and Syria, while Iran is gearing up for a more conservative leadership.
Two of Wall Street’s most influential CEOs — Larry Fink and Jamie Damon — are raising warning flags over the nation’s economy.
Blackrock’s Fink said Thursday that U.S. growth is slowing on concern whether the Trump administration’s agenda will get through Congress. Dimon lamented that “it is clear that something is wrong” with the nation in a letter to investors Tuesday. Both CEOs are part of a group of business leaders that advise President Donald Trump.
US UNEMPLOYMENT FALLS TO 4.5 %, THE LOWEST IN A DECADE, MAY FORCE THE FED TO RETHINK MONETARY POLICY.
The U.S. jobs report on Friday provided Federal Reserve officials with a surprise. Unemployment in March had already declined to the level they’d expected it to hit by the end of 2017.
Our readers know that we have been calling the End of the Oil Era for many years now and predict that oil prices will ultimately fall towards 10- 20 in the coming few years as demand decreases substantially.
SOLAR energy had been exploding upwards in the past few years, and particularity since 2010.
Electric-car production in the European Union will get a spur today when EU regulators act to close a technological gap with China by seeking stricter emission curbs on manufacturers such as Volkswagen AG and Fiat Chrysler Automobiles NV.
The European Commission, the EU’s regulatory arm, intends to propose caps on car discharges of carbon dioxide for 2025 and 2030 as part of a stepped-up fight against global warming.
The U.S. dollar rallied on growing expectations that the Federal Reserve will hike interest rates later this year.
The Federal Reserve must respond to “very tight” U.S. labor markets by gradually raising interest rates or risk halting the economic recovery, a hawkish Fed official said on Saturday.
Crude Oil Production in the United States increased to 9238 BBL/D/1K in July from 9097 BBL/D/1K in June of 2017 confirming that price elasticity is strong in the oil market and endless potential supplies are ready to compensate for any attempt by OPEC to squeeze supply.
THE WORLD ECONOMY IS STARTING TO GROW GLOBALLY.
Global growth is firming, contributing to an improvement in confidence.
A recovery in industrial activity has coincided with a pickup in global trade, after two years of marked weakness.
In emerging market and developing economies, obstacles to growth among commodity exporters are gradually diminishing, while activity in commodity importers remains generally robust.