In this article, we will explore how Texan oil traders navigate volatility and what strategies they employ to manage risk. The rise of U.S. crude exports has made Texas a key player in global oil prices, and the financial instruments used by traders to avoid or capitalize on price swings have become more central in…
Tesla Customer uproar was due to widespread public discontent with the current political system and the widespread belief that the government was corrupt and failing to address the needs of the people. This led to widespread protests and demonstrations, which have been met with police violence, further fueling public anger and outrage. Tesla’s recent price…
The history of mortgage lending goes back centuries, and it’s still a crucial practice in the real estate industry. By offering collateral, people can borrow money to buy properties that they may not be able to afford upfront. History of Mortgage Lending It’s an old practice that dates back to the Tang Dynasty in China.…
The global pandemic has disrupted the automotive industry in numerous ways, and one of the most significant consequences is the skyrocketing prices of new cars. This has become a distant dream for the typical American family, as the average monthly payment for a new car has soared to a record $777, which is almost a…
New York City has long been known as one of the world’s leading financial centers, with office workers filling the city’s subway cars on a daily basis to get to work. But the pandemic has changed everything. With the shift towards remote work and the decrease in spending, the city’s economy has taken a significant…
Recessions are largely psychological, and it can be difficult for any central bank or government to prevent them. Inverted yield curves and drops in the stock market are leading indicators of a recession, but they are not always accurate predictors. There are other indicators in the bond market that can help economists understand and predict…
The shipping industry has been one of the sectors that has seen record rates and profits over the past few years, thanks to the Covid-19 pandemic. However, this trend may come to an abrupt halt as experts warn of a sharp downturn in the industry. Barclays, one of the leading investment banks in the world,…
Nikola Takes on the Hydrogen Challenge and it is working on building hydrogen plants, part of a fuel network that will power their entry into the zero-emissions truck market. The company has signed deals with hydrogen producers who will supply hydrogen for Nikola vehicles in the US and Canada. They aim to have enough fuel…
Wealth concentration can have significant economic and social effects on the middle and lower classes. It can lead to a reduction in economic mobility, a decrease in purchasing power, and social unrest. However, there are solutions available to address this issue, including tax policies and programs that promote economic mobility. By taking action to address…
Lehman Brothers’ use of Repo 105 is a cautionary tale of the dangers of opaque financial instruments and the importance of transparency and accountability in the financial industry. The controversy surrounding the use of this instrument played a significant role in the collapse of Lehman Brothers and the subsequent global financial crisis. While regulations have…