Global oil prices are simply too low to make it profitable.
Stock, bond, and oil markets are in a holding pattern after U.S. airstrikes in Iran.
So far, the conflict between Israel and Iran hasn’t caused oil prices to spike too high, but economists are watching.
Financial markets are strangely calm so far this morning, given — among other things — continued hostilities between Israel and Iran.
For much of the past 80 years, the greenback has served as the world’s reserve currency. There are signs that’s starting to shift.
One scholar says the effects of more restrictive immigration policy stand to impact the economy at least as much as tariffs.
From the BBC World Service: There have been days of missile strikes between Israel and Iran, and oil markets are responding.
90% of GameStop’s stock is still owned by retail investors.
At a moment when stocks and bonds are seeing plenty of volatility, money market accounts can be relatively safe.
That low interest rate period before the pandemic was unusual. We’re probably headed in the other direction.