U.S. crude oil prices experienced a 5% decline on Thursday due to an increase in inventories coupled with concerns about diminishing demand amidst a drop in industrial production. The West Texas Intermediate December contract saw a USD$ 3.76, or 4.9%, decrease, settling at USD$ 72.90 per barrel, while the Brent January contract also dropped USD$3.76,...
Category: U.S.
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INTEREST Cycle – Danger or opportunity?
In the current interest cycle in the American market, will we find investment to be a danger or an opportunity? In this article, we will explore the current complex economic landscape, focusing on the debate over the possibility of a “soft landing” amid the Federal Reserve’s aggressive cycle of interest rate hikes. We’ll look at...