Fires burning across the Amazon rainforest have renewed the debate about solutions to climate change. Bill Gates is backing the first high-altitude experiment of … source CNBC
Cyclicals have taken over the lead from defensive stock over the past two weeks. The tech and consumer discretionary sectors are up more than 5% during that time while the core defensive sectors – real estate, consumer staples, utilities and healthcare – have lagged badly. The rally is mostly trade-fueled which means these gains are tenuous at best. Watch for trade rhetoric to drive the market narrative more than earnings, GDP or any other economic data. SPDR S&P Dividend ETF (NYSEARCA:SDY) – Broadly speaking, dividend payers have lagged the S&P…
Date: 2019-09-09 14:56:55 Sep.09 — The new Saudi Energy Minister Prince Abdulaziz bin Salman says oil demand has mainly been affected by the negative market sentiment. He spoke to Bloomberg Television’s Manus Cranny at the World Energy Congress in Abu Dhabi in his first public appearance since his appointment.
Excess debt can hit anyone. It can break up families. It can cost you your home. And it can trigger costly penalties and interest as well as induce sickening stress. source CNBC
Date: 2019-09-07 02:24:38 Sep.06 — Mexico and Venezuela have long been the oil powerhouses of Latin America. But with political uncertainty and market volatility mounting, a new generation of oil producing counties are set to transform the region. Bloomberg’s Alix Steel reports on “Bloomberg: Oil’s Next Big Boom” and dives deep into South America’s oil prospects to uncover the opportunities for homegrown companies, international oil giants and investor appetite.