BUT for USA customers the price of oil is decreased. WTI should be down but is up just because no one can read?
Futures rebounded after the announcement that the desert kingdom would increase December prices for Asia and Europe, while decreasing those for U.S. customers.
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According to JPM:
Since the end of 2008, QE is responsible for an “equity wealth boost” of $9 trillion dollars.
About 1200 S&P points has been due to the FED (that is almost the entire increase since the lows of 2009).
Currently the total stock of US corporate equities is $29 trillion dollars. JPM calculates that QE gave us 32% of that.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Can you invite this damn " BPs" over party tonight? I want to make them drunk so tomorrow they don't get up! That's the only way I can see we can calm this monster down...
Can you invite this damn " BPs" over party tonight? I want to make them drunk so tomorrow they don't get up! That's the only way I can see we can calm this monster down...
Warren, I thought you were a value investor, buying solid US companies with a good dividend yield - value for the long run. I didn't know that you were a trader too
Can you invite this damn " BPs" over party tonight? I want to make them drunk so tomorrow they don't get up! That's the only way I can see we can calm this monster down...
Warren, I thought you were a value investor, buying solid US companies with a good dividend yield - value for the long run. I didn't know that you were a trader too
Haha...after missing on big down trend and profit last month....I am hoping to see that repeats again..screw the long term for that quick bucks.. can you please invite now?
vol surge, biggest red, so might see rebound here first then we'll see.
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