Every month, The Oxford Club's editors get together to discuss what trends they expect to see in the upcoming month. And this month, they're at it again. The debate: Can you trade geopolitical upheaval?
No indicator has a perfect track record. But these two momentum indicators are telling us light, sweet crude could be making a profitable move.
Should investors split? Janet Yellen, the chair of the Board of Governors of the Federal Reserve System, thinks so. Stocks dove slightly after Yellen’s bold July 15 statement that both industries seemed “substantially stretched.” The words were subtly included in the Fed’s Monetary Policy Report, but had an instant negative effect on the market.