December 29, 2014
The United States released a revised Q3 GDP growth estimate restating the number to 5% annually – the strongest quarter of growth since 2003.
December 19, 2014
As oil prices continued to slip, a desperate Russia with failing solutions to stem the ruble’s slide came out with a surprise interest rate increase from 10.5% to 17%.
December 13, 2014
The market does not know what the price of oil should be. After the International Energy Agency (IEA) revised demand down, again, oil prices just dropped.
December 06, 2014
In the last ECB meeting of 2014 where expectations were high that the Euro-area would finally emerge from the doldrums, the President of the multi-national monetary body moved only his mouth – not the needle of balance sheet growth.
December 03, 2014
Dramatic swings in the price of a high-profile, globally-traded commodity such as oil have had significant short-term impact on the prices of our favored investments in MLPs and the broad energy value chain.