OPEC Oil Production Plunges In February Thanks To Saudi Cut
By Tsvetana Paraskova Saudi Arabia’s unilateral additional cut in oil production sent the total OPEC output down by 870,000 barrels per day (bpd) in February, the first monthly drop in
plunges
Oil Prices Soar As U.S. Oil Production Plunges 30%
By Irina Slav West Texas Intermediate jumped over $60 per barrel after the Polar Vortex that brought unusually cold weather to a large part of the U.S. froze—literally—a third of oil production.
THAT ’70S SHOW: UMich Sentiment Signals Stagflation As Hope Plunges & Inflation Expectations Soar.
After disappointing in January (both current and expectations), analysts expected a rebound in consumer sentiment in preliminary February data (both current and expectations), but they were very disappointed as everything
Rent “Inflation” Plunges To 2.2% YoY While Core PCE YoY Prints At 1.45% (Taylor Rule Rudebusch Now At 1.45%)
by confoundedinterest17 US equivalent rent of residences continues to fall like a paralyzed falcon to 2.2% YoY. Today’s report on PCE YoY printed at 1.45%. And the Taylor Rule (Rudebusch) based
Drudge Report traffic plunges as content turns against Trump
Just another indicator of pending Trump victory – Visit my site instead The Drudge Report posted a 45 percent decline in web traffic in September as the site alienated its core readers
Warren Buffett’s Apple stake plunges in value by $19 billion in 2 days as tech rout continues
www.businessinsider.in/stock-market/news/warren-buffetts-apple-stake-plunged-in-value-by-10-billion-during-thursdays-tech-rout/articleshow/77931709.cms The famed investor’s conglomerate owns close to 981 million Apple shares following the recent four-for-one stock split, giving it a 5.7% stake in the iPhone maker. Berkshire remains heavily
World Trade Plunges. Here’s Why it’s Even Worse in Reality: China’s Deep-Fake Data Comes to Light
But the downturn in the goods-based sectors started in 2018. US exports are now down 37% from that peak, imports down 25%. By Wolf Richter for WOLF STREET. World trade in goods plunged
AMERICA PLUNGES INTO CRISIS; WHITE HOUSE LOCKDOWN; MILITARY PUT ON ALERT
Gripped by disease, unemployment and outrage at the police, America plunges into crisis America’s persistent political dysfunction and racial inequality were laid bare this week, as the coronavirus death toll
TAL education group, a $33 bln chinese education platform plunges 20% on disclosure of fraudulent sales figures
by nothrowaway4me TAL Education Group ADRs (TAL) – plunged in after-hours trading Tuesday after the Chinese education company disclosed a case of apparent sales fraud by an employee. The company
…and here we go yet again! S&P plunges into correction territory down -10% from ATHs; this is now the worst week since 2008!
by bigbear0083 Are we getting close to a capitulation move here yet? Oversold bounce incoming? Source Dow plunges deeper into correction territory, is now down 900 points Stocks fell sharply
Tesla’s Revenues +2%, Auto Revenue +0.7%. Net Income Plunges 25%. Without “Regulatory Credits,” it Would Have Lost $28 Million. Annual Loss Hits $862 Million. Shares Spike 12%
OK, let’s look at the Tesla magic briefly. By Wolf Richter for WOLF STREET. Tesla’s profit was all about Tesla’s pollution credits, or “regulatory credits,” as it calls them. These are tax credits
Peloton plunges after investor says the stock is worth only $5
www.cnn.com/2019/12/10/tech/peloton-stock-citron/index.html New York(CNN Business) Peloton may have bigger problems than the public relations fallout from the controversial ad that became a meme. Short-seller Citron Research said Tuesday it expects the
Oil Rig Count Plunges To Lowest Level Since 2017
By Julianne Geiger The US oil and gas rig count fell sharply this week, according to Baker Hughes, with a drop of 25 rigs for the week. This week marks
CEO Confidence Plunges, Consumers Won’t Like What Happens Next
by Lance Roberts There is a disparity happening in the country. No, it isn’t political partisanship, but rather “economic confidence.” The latest release of the University of Michigan’s consumer sentiment survey rose to
[Chart] CEO confidence number plunges back to financial crisis levels
by SpontaneousDisorder Sauce: twitter.com/BittelJulien/status/1179685787434180609 Given the yield curve is inverted still and stocks are 3x overvalued I doubt it. Maybe this indicator will just go much lower in a
Oil Plunges After Saudi Arabia Announces Yemen Ceasefire
By Irina Slav Oil prices fell sharply today after Saudi Arabia agreed to a partial ceasefire in Yemen, the Wall Street Journal reported, citing unnamed sources familiar with the move. The