I'm still bouncing off the walls from the espresso beans so even tho no one asked - here's my #COM cast picks...open to discussion except for me, because Jennifer Aniston (same name, same crap love life) and of course @nyetjgoldblum = Jeff Goldblum...
Hopefully no one is offended by these choices - most of you accounts are anon and FTR I googled attractive celebs...haven't met the majority - just how I see you all via Twitter:
2. Saudi Aramco likely made net income of just over $32 billion, according to the median estimate in a Bloomberg survey of analysts. That would mark a slowdown from a year earlier — similar to other oil firms that have already reported
3. Energy stocks- a look at the technicals adds to the bearish sentiment: The gauge’s 50-day moving average fell below its 200-day average last week in a so-called death cross, the first time since late 2018. That often signals that further selling pressure is in store.
'Energy stocks are down this year. But the bullish case is very much alive. Count Canadian energy stocks among this year’s biggest disappointments.' #COM 1/5 theglobeandmail.com/investing/mark…
TD analyst: Energy market is being driven partly by speculative behaviour, as panic-stricken commodity traders react to deteriorating economic activity and the U.S. banking crisis that emerged in March.
the dip in energy stocks this year, to a range between US$70 and US$80 a barrel, suggests that the commodity is caught in a period of uncertainty, which could be rewarding for investors if demand holds up.
I seriously started a TV script about the #COM - because let’s face it, they (we) are a fascinating bunch. If energy moons, I can’t imagine - the plot lines already seem endless.
I even had some celebs in mind to play the characters, and of course it would be on Fox, not CBC.
Because CBC would insist on being sympathetic to eco-terrorists.
Kind of Dallas meets Curb Your Enthusiasm meets The Big Bang Theory.
Some of my Tinder stories for a touch of romance (or horror, not sure).
Plenty of drama, which increased as the price of oil declined and some folks refused to attend gatherings anymore.
Humour with hot mics and lawsuits about fake gold mines.
International intrigue with OPEC and Chinese influence.
Important thread re what (probably) lies ahead 1/5
Asian shares were poised to climb Monday after a chaotic week for financial markets ended Friday with a rebound in US regional banksand a rally in risk assets. bloomberg.com/news/articles/…
Solid jobs data has tempered fears of a US recession, improving sentiment that saw Treasuries fall and Wall Street’s favorite volatility gauge, the VIX, snap a four-day surge.
Powell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC Standoff
Don't forget El Niño
US economy will have to overcome three major obstacles, all pointing to a downturn in the second half of this year. bloomberg.com/news/articles/…
“For a feedlot today in Alberta to have the same margins that they had in 2015, they would actually need cattle prices to be 74 per cent higher than they are today”
Reaching 30 per cent is not "realistically achievable without imposing significant costs on Canada's crop producers and potentially damaging the financial health of Canada's crop production sector."
(you know it's bad when CBC presents an opposing view) cbc.ca/news/canada/ca…