Oil prices weakened slightly on Monday as the Middle East conflict’s limited impact on crude output prompted profit taking after oil benchmarks gained 2% last week. Brent crude futures settled down 14 cents, or about 0.2%, at $78.15 a barrel. ...
SEOUL – North Korean leader Kim Jong Un on Monday called for the constitution to be changed to ensure that South Korea is seen as the “primary foe” and warned his country did not intend to avoid war should it happen, state ...
LONDON – At least six more oil tankers were steering clear of the southern Red Sea on Monday, as disruptions increase on the vital route for energy shipping in the wake of US-led strikes against Houthi targets in Yemen. Following the U.S. ...
DAVOS, Switzerland – Global executives are increasingly worried about the long term viability of their businesses, a PricewaterhouseCoopers pre-Davos survey showed, with pressures mounting from generative artificial intelligence (AI) and climate disruption. Some 45% of more than 4,700 global CEOs surveyed do ...
The UK’s FTSE 100 fell on Monday, hurt by a sell-off in luxury and bank stocks, while lackluster corporate earnings forecasts weighed on the FTSE 250 shares. The blue-chip FTSE 100 slid 0.4%, while the midcap FTSE 250 index was flat at ...
Taxes are not a contractual obligation between the state and the individuals it governs. By definition, taxes are noncontractual debts in which the state is the creditor, and the payment of these debts is demanded through coercion and violence. While ...
May 16–18, 2024: Join Dr. Joseph T. Salerno, Dr. Thomas J. DiLorenzo, Dr. Jörg Guido Hülsmann, Dr. Joseph T. Salerno, Dr. Mark Thornton, and more for a conference in honor of the 75th anniversary of Human Action at our campus in Auburn. Space is limited. Register here. There are many ...
At the end of last year, I wrote a blog article about the relationship between Large-Cap and Equal-Weight sectors. It involved plotting the ratios of the Large-Cap sector ETFs against the Equal Weight sector ETFs. You can find that article ...
On this episode of StockCharts TV’s Sector Spotlight, 2024’s first episode, I dive into both Asset Class and Sector Rotation to set the stage for 2024. Today, I focus on a synchronized rotation of stocks (SPY) on the asset class RRG, ...
To the Chinese reader: It is safe to say that economics suffers at least as many fallacies and misunderstandings as any other field of study. Had physics suffered the same level of issues, we would not have seen much—if any—of ...