Tag: recession

The Daily Dose; The Economy Was Kinda Bad Already.

June 9, 2020

-US employment peaked in 4Q19. -World Bank sees lasting economic scars. Word that a trio of oil producers in the Middle East, including Saudi Arabia, would bail on extraordinary production cuts threatened to end a remarkable streak for the price of oil. Brent had been on a bull run since late April, rallying some 43% … More The Daily Dose; The Economy Was Kinda Bad Already.

The Daily Dose

May 7, 2020

-A rolling recovery will separate the winners from the losers -Saxo Bank: Oil prices are at a point where cheating becomes attractive to producers Crude oil prices were in rally mode early Thursday on continued signals that some parts of the global economy are opening back up. China announced further stimulus efforts that it said … More The Daily Dose