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Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude oil in the world, U.S. economic sanctions imposed in
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Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,” but reports from Interfax that followed five days
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Wharton professor Jeremy Siegel foresees a strong U.S. stock market in 2021, due to unprecedented levels of repressed liquidity. Siegel cited rising business productivity, potential vaccines, increased money supply, and rising worker productivity as four catalysts. Tech-heavy indices were the primary beneficiaries of the stock market rally from March to August, and
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Throughout September, profits from Big Tech cycled into the rest of the U.S. stock market, strategists say. Don Townswick, the director of equities strategy for Conning, says tech stocks could become favorable again in October, especially if earnings rebound. A potential Big Tech recovery brightens the outlook on the S&P 500 and
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Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe that a new all-time high this year is definitely possible. Bitcoin is in the midst of a disbelief
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