Declining

For The Past Seven Weeks, Oil Prices Have Been Declining. This Is The Reason

US oil futures saw a loss for the seventh week in a row on Friday, their longest losing run in five years. The prolonged decline is the result of analysts discounting the Organization of the Petroleum Exporting Countries’ pledges to restrict supply in favor of growing concerns about global production. Although markets don’t believe all … [Read more…]

Although Declining Prices Might Seem Advantageous, Deflation Can Be Harmful. This Is Why.

A welcome break from the rapid price increases that have plagued them for over two years would be provided by the discounts offered by certain stores. However, investors, economists, and CEOs aren’t quite so enthusiastic about it. In an article that was published on Wednesday in The Wall Street Journal, tech investor and ARK Investment … [Read more…]