Do Low Oil Prices Have a Net Gain or a Net Loss Effect on the U.S. Economy?

The short answer – it’s a wash, but it’s also complicated. This question has become more critical as the U.S. economy has been expanding its oil production in a couple of years. Currently, the U.S. produces more than 11.5 million barrels per day and is the world leading oil producer followed by Russia…

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Powell Is Stuck between an Orange Rock and the Market Place

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J. Powell, the Fed’s Chairman, faces a problem; perhaps the biggest challenge in his tenor so far. The financial markets – mainly equities in the U.S. – have signaled that they cannot and won’t stand another rate hike. Over the past three months, the plunge in equities’ prices has led market participants to…

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