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Tuesday, May 31, 2016 01:43 AM
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The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in
The New Global Economic Reality and the World of Diminishing Returns   A recent report by McKinsey Global Institute looks at the global forces that are changing the economy and how this will impact future decisions made by investors and how the returns on investments will change over the coming decades.  By looking at the performance of equities and bonds over
Over-Reliance on Oil An Economic Problem    Saudi Arabia recently announced the implementation of their Vision 2030 program which is aimed at diversifying their economy from its reliance on oil.  This will be accomplished, in part, by partially privatizing the state-owned oil company, Saudi Aramco, and forming the world's largest
Suing Your Bank Opening the Doors to Class Actions    The Consumer Financial Protection Bureau or CFPB, the government agency created after the 2008 financial crisis with the goal of protecting consumers from unfair corporate practices, has unveiled its latest rule that would restore the rights of customers to bring class-action lawsuits
What is Freight Telling Us About the Economy?   Back in June 2015, I posted an article that looked at the Transportation Services Index or TSI, a broad measure of America's transportation services which includes the monthly changes in both passenger and freight transportation.  The freight component (the freight TSI) includes freight
Inflation, Unemployment and the Federal Reserve's Confusion    Recent comments from the President of the Boston Federal Reserve Bank have gone pretty much unreported by the mainstream media, however, they give us a glimpse into what could be an unanticipated change in the Fed's monetary policies.  While everyone has grown accustomed to the dovish
The Impact of Longevity and Income Level on Social Security Benefits    A recent study by the Government Accountability Office (GAO) looks at how changing life expectancy is projected to have a significant impact on Social Security benefits.  Increases in life expectancy go hand-in-hand with increased lifetime benefits from Social Security, however, this study

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