Versus anxiety about the further collapse in the price of oil. In the end, a possibly placid outcome to the tortured uk story, triumphed over oil, and the dow climbed 93 points. Nasdaq advanced. 21 . This tugofwar between britain and oil is of such titanic importance that nothing else comes close to even mattering. With all those a run big pools of capital and big news on brexit in that it might not happen. In the end, instead of experiencing pain, we had an antibrexit gain. One of the more tedious aspects of my job is that i have to look for minute difference thats could have a big impact. Right now there is fear about britain getting out of the uk against liquidity. Thats code for prop things up. In any way possible if things go wrong. The collapse of leeman brothers and all sorts of other institutions during the financial crisis is recent enough that bankers remember the firmest of institutions can have feet of clay. I feel emboldened. A bad thing that comes out of nowhere hurts a l
Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a lopg period of volatility. It was two months ago. The feds Eric Rosengren reminded everyone markets arent positioned for a rate hike in september and he made a case it
Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a lopg period of volatility. It was two months ago. The feds Eric Rosengren reminded everyone markets arent positioned for a rate hike in september and he made a case it
Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a lopg period of volatility. It was two months ago. The feds Eric Rosengren reminded everyone markets arent positioned for a rate hike in september and he made a case it
Money starts right now. This is on the money. Your money, your life, your future. Now becky quick. Earthquakes with destructive and frightening, and mostly they are a force of nature, except when theyre not. Fracking is now responsible for half of the Current Oil Production in the united states, but Scientists Say its after effects are also producing earthquakes where are Brian Sullivan has more. Reporter these days texas gets most of the attention in the oil world, but it is italy northern rival can may be americas most prolsing oil producer. Two areas of oklahoma are considered some of the best and Lowest Cost Oil and gas regions right now. The area is hot for a few reasons. One, its a relatively new oil and gas play. Land prices really never spiralled out of control, and, three, to oil people, its just got what they call good rock. A lot of oil and gas thats relatively easy and inexpensive to get to. There may be one big risk to it is region that has little to do with money. Earthqu