Market Woes Investors have been facing a unique market environment, with both stocks and bonds underperforming, mainly thanks to spiking interest rates. The Federal Reserve hikes rates in an effort to stem America’s rampant inflation. Now that rates are at their highest level in two decades, they’re expected to stay up there for longer. For…Read more
More jobs, more problems? Nah. The U.S. economy has defied many a forecast in the post-pandemic era. Job growth, for example, was meant to moderate but the September employment report blew right past expectations. Are we going to get a repeat of that this week? It’s jobs week, which means we’ll get the ADP Employment…Read more
Merger Momentum The past week has been big for mergers and acquisitions in the oil industry. On Monday, Chevron (CVX) revealed its intent to purchase Hess (HES) for $53 billion. But that was only the second largest deal of the week, it turned out.. The first belongs to Chevron’s competitor ExxonMobil (XOM), which announced its…Read more
