A place where tipping is allowed!

Advertisements

Production

Oil Production Crash Spells Doom For Stock Market Rally

The number of active U.S. rigs fell to an 80 year low in May. But a storage capacity shortage will keep a ceiling on oil prices. And slashed production is a woeful signal for GDP and the stock market. The stock market rally seems unstoppable as the world economy begins to reopen. But the latest…