On Saturday, news broke that OPEC+ would soon consider a production cut of over 1 million barrels per day. Though it isn’t their first production cut in 2022, it’s their most substantial by far.
Last week, Bloomberg wrote that “Powell has the chance to reset market expectations at Jackson Hole” — and on Friday, that’s exactly what he did.
Berkshire Hathaway has been stockpiling shares of Occidental Petroleum Corporation (OXY) for months. Today, CEO Warren Buffett revealed his plans to increase BRK.A’s total stake
Good morning Rebels! Stocks are set to open lower this morning as the market continues to grapple with pricing-in the likelihood of a recession. Source: FinViz.