Market Update Nov 17

Ok another random 2 week hiatus. I’m sorry. I was having too much fun at Schwab’s IMPACT conference in Denver, and then last week I was not having any fun dealing with makeup work and tests. All is calm(er) and I am here and excited to update you on what’s up in the Market. Market […]

Ok another random 2 week hiatus. I’m sorry. I was having too much fun at Schwab’s IMPACT conference in Denver, and then last week I was not having any fun dealing with makeup work and tests. All is calm(er) and I am here and excited to update you on what’s up in the Market.

Market Update Nov 17

So you know how you’re not paying hardly as much to fill up your gas guzzlers anymore? Well you should continue to expect lower gas prices. Before I explain, here’s a breakdown of the largest oil producers & suppliers in the world.

Capture Oil

So yeah, see the Saudis up at the top? Since oil prices are shooting down dramatically, you would think that the largest producers would cut back on production to control prices. Well that makes too much sense. The Saudis basically said they weren’t going to decrease oil production. Oh and the other top producers in the Middle East are also unlikely to cut back oil production. So we’re looking at you Africa, to cut production in order to control oil prices….. This has really come out of right field. Read more on WSJ

In better news (just kidding, this isn’t cool, at all) Japan just entered a recession. The island homies thought it was a good time to raise the sales tax, and resulted in negative country wide growth in the 3rd Quarter. Hopefully they can figure out a quick fix because this could impact the US Federal Reserve’s timing (and maybe even overall decision) to finally raise interest rates. Thanks, Japan…. More on Bloomberg

Random fact to pull out if your conversation has no other talking points (seriously, as a last resort only): Chinese student enrollment in US Colleges jumped 75% in past three years. If you want to read the 3 more paragraphs breaking down the past 3 years, then here. Via Bloomberg

How about something decently positive? So connecting the dots, lower oil prices give more $$$ in your pocket. “Economists calculate that each 1-cent drop in the cost of a gallon of gas puts $1 billion into the pockets of consumers”, according to another article that I will link you too in a few lines, just be patient. Gas prices have fallen around 70 cents since June. You do the math how much that will add to your pockets. And this article shows increasing amount of consumers spending money at restaurants. Since June, Consumer spending at restaurants has increased 9% (annualized for my fellow math-maniacs). You can find me at Applebees….. Read more Via MarketWatch

I’ll keep you posted on this week’s financial events. But here’s something even more important which my roommate so kindly directed me to:

For all you fellow fanboys (and girls) anxiously awaiting the 7th installment of Star Wars due next Christmas: we officially have lightsabers. No Joke. Dudes at Harvard and MIT were playing with their photons and messed up, but their mistake made something similar to lightsaber blades. I’m pumped. Disney probably is too. Read more about the photons and physics here: Via Time

14 Comments

  1. Hi there! This post could not be written any better!
    Reading this post reminds me of my old room mate!
    He always kept talking about this. I will forward this article to him.
    Fairly certain he will have a good read. Thank you for
    sharing!

  2. You get employment if you are qualified and clearly if you’ve
    any professional certifications. If you hire a consultant you can reduce the amount of time it takes, but you will spend it in consulting fees.
    These features are considered in some quarters, to be an encumbrance rather than a safeguard for thee future.

  3. Reed bed technology has a low price of entry and minimal daily functional and upkeep costs.
    It is necessary to wisely choose carpets to be placed in a room so that they can add
    color, style and warmth. Experience the difference an experienced, reliable home
    theater setup company makes.

  4. Then you intend to fill out your information, your Instagram username for fans, Instagram
    photo Link for the image likes and also your Email address.

  5. We achieve such credible results by being wholly
    dedicated to making sure that our digital marketing, content marketing and inbound marketing strategies have a
    proven track record of success.

  6. I used to be suggested this website via myy cousin. I aam no longer sure whether or not this submit is written by him as nobody else realize such specific about
    my problem. You are wonderful! Thanks!

  7. Excellent way of telling, and pleasant paragraph too take information concerning my presentation subject
    matter, which i am goung to present in college.

  8. Hello, I think your site might be having browser
    compatibility issues. When I look at your blog
    site in Safari, it looks fine but when opening in Internet
    Explorer, it has some overlapping. I just wanted to give
    you a quick heads up! Other then that, awesome blog!

  9. Furthermore, the Wi-Fi and 3G connections allows you to connect to the internet, wherever you want, no matter if you are drinking a coffee with
    your friends on the local coffee shop, or you’re in your car – on your way
    to school or work. The term amazon kindle fire keyboard
    is non existent. Both are companies which make their own laptops, which is to
    say that they do all of the design in-house
    rather than purchasing a stock chassis from another party, which is more common.

Leave a Reply

Your email address will not be published.