This just in . . . Drone strikes on a Saudi Arabian oil facility over the weekend sidelined more than half of the kingdom’s output and removed about 5% of the global oil supply from the market. It is the biggest one-day oil disruption in history.
Up until the very last day, July was so boring. So accommodating. So mundane. Watching your investment account during July was like watching your neighbor’s cousin’s nephew’s swim meet.
In our industry, we look for warning signs of impending bad economic times, signs that might help us run for cover before the markets get ugly. One of the warning signs that has traditionally been pretty reliable is called an “inverted yield curve.” This signal has preceded every U.S. recession for the past 60 years.…
Every month brings a new crop of interesting international headlines (and some of them occasionally have nothing to do with the Trump administration). June was no exception. For starters, two million people hit the streets in Hong Kong to protest a newly proposed law that would allow mainland China to extradite fugitives from Hong Kong…
