Business

Seriously...Must keep it together thru the Black Friday weekend!

After three consecutive quarters of losses, the world's biggest pension funds, Japan's Government Pension Investment Fund, posted its first modest profit in the third quarter ended Sept. 30, providing a reprieve to the state money manager after it had come under attack in recent quarter for taking on too much risk by taking on too much exposure in risky assets.

By EconMatters

We discuss the latest in  the OPEC Saga to arrive at an agreement to tighten the oil market and raise oil prices to bring in long term CAP Ex Investment back into the Industry which has seen three straight years of annual declines and has long term ramifications for the oil market. The Speculators have taken 500 Billion to a Trillion Dollars from OPEC over last 3 years!

The following article by David Haggith was first published on The Great Recession Blog: 

Just days after Markit reported a surprising upward impulse for the US manufacturing sector under President-elect Donald Trump, moments ago we learned that the US service industry declined in the month of November. As Markit notes, “the November PMI surveys provide the first snapshot of US business conditions in the wake of the surprise election result, and show a reassuring picture of sustained solid economic expansion and hiring."