This is why the Dow is plunging

CNN Money

The Dow is dropping because investors are worried about the Fed, interest rates and bonds. Read the full story

Comments

Post a Comment

Popular posts from this blog

Why The Next Oil Boom Will Be Fueled By Blockchain

Image
By  Meredith Taylor Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It’s official: Blockchain technology has infiltrated Big Oil. The  hype behind blockchain  has reached a full-blown frenzy. And for good reason. The technology, which creates secure ledgers for digital transactions and rapidly accelerates the pace at which transactions can be made, has the potential to disrupt every major industry: real estate, shipping, banking and healthcare. Blockchain is truly revolutionary, and Big Oil is finally catching on. In an industry that has used technology to reduce breakeven costs to  all-time lows , create gigantic drilling rigs run by  robots , and even tap reserves located  10 miles below the sea , the oil and gas sector...
Read more

Country facing serious water risks

Sunday, 14 Aug 2016 12:00 AM MYT PETALING JAYA: Several areas in eight states and Kuala Lumpur are expected to be under increased risk of water issues by the year 2020, despite Malaysia being located in the tropical zone, which receives high rainfall. The World Resources Institute (WRI), which developed the Aqueduct Water Risk Atlas, has projected a 1.4-fold increase in water stress levels for some areas in Kedah, Penang, Kelantan, Perak, Selangor, Kuala Lumpur, Malacca, Negri Sembilan and Johor by 2020. This is a 1.4-fold increase in water stress currently experienced by these places. Kuah, in Kedah, is expected to come under a two-fold increase in the water stress level. The projected change shows how development and climate change are expected to affect water stress in the country. This is measured in a “business as usual” scenario, which represents a world with stable economic development and steadily rising global carbon emissions, said WRI. Association of W...
Read more

A 'tremendous speculative bubble' is gripping the oil market right now, oil expert Tom Kloza warns

Stephanie Landsman |  @stephlandsman If the man who called the 2015 crude collapse is right, the oil market could be the next area to see a sharp pullback. Oil, which is seeing its best start to a year since 2006, has entered a danger zone, according to Tom Kloza of the Oil Price Information Service. Kloza, the firm's global head of energy analysis, made the call on CNBC's " Futures Now " on Tuesday just as Wall Street was coping with the stock market's worst day since last August. "There's some collateral damage from the stock market right now. I don't believe this is the bloodletting that's due because of the tremendous speculative bubble and the money on the crude oil side," Kloza said. "That will come at a later date." That day could be just weeks away, due to changing demand dynamics and "swelling" global markets, he added. "All of the demand growth, all of it, is overseas. It's not in the Unit...
Read more