Oil's Surge Is Mainly About Demand, Not OPEC

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Oil's Surge Is Mainly About Demand, Not OPEC

U.S. President Donald Trump took to Twitter late last week to seemingly blame OPEC for making oil prices “artificially Very High.” The reality is that the reason the price of a barrel of oil is flirting with the $70 level is less about OPEC and more about demand. There is one rule about commodities that
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Bubbles, Windmills and Sean Hannity's Rise

Eddie Lampert's Hail Mary Attempt to Save Sears (Institutional Investor); see also Sears to Sell Kenmore Brand on Amazon (Wall Street Journal); How to Avoid a Retirement Disaster? Diversification (Bloomberg View); In an era of inequity, more college financial aid is going to the rich (Reveal); see also
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Amazon Starts Delivering Goods to the Trunk of Your GM or Volvo

Amazon.com Inc. has partnered with General Motors Co. and Volvo Cars to deliver packages to car trunks in 37 U.S. cities, as the e-commerce giant seeks new delivery methods for customers who may be wary of leaving packages outside or allowing couriers into their homes. The app-based service,
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Is Alacer Gold Corp (TSE:ASR) Undervalued After Accounting For Its Future Growth?

Alacer Gold Corp (TSX:ASR) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of CA$2.18 is based on unrealistic expectations. Let's take a look at some key metrics to determine whether there's any value here for current and potential future
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Accounting News Roundup: Will KPMG Survive Calls for Its Ouster as Auditor of Wells, GE? | 04.24 …

KPMG faces shareholder protests over GE and Wells Fargo audits [FT] Both GE and Wells Fargo hold their shareholder meetings this week, so we'll see if investors heed the call of proxy advisors to dump KPMG. The firm and its predecessors have audited Wells Fargo since 1931 and GE since 1909,
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