The official said offering a fixed price now could take away some of the risk for oil companies investing in new drilling operations that could take months or years to get up and running. #oil #tmac
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New York Fed President John #Williams told the Wall Street Journal that it is “going to take some time before I would expect to see #adjustments of rates downward.” He said tightened policy is likely to “continue through next year.”
Fed Chair Jerome Powell said American households and #businesses are in for some “pain.” Getty ImagesWells Fargo sees a “moderate recession” for the US #economy through the middle of next
Wells Fargo sees a moderate #recession through next year. #Bloomberg via Getty ImagesThe S&P 500 was trading below the 4,000 threshold on Wednesday as stocks gave back gains after a minor rally.
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#Bitcoin 30-day options 25% delta skew: Source: LaevitasData shows that the skew indicator has been ranging between 3% and 5% since Aug. 5, which is deemed to be a neutral area. Options traders are no longer overcharging for downside protection, meaning they might lack #excitement,