…must continue to engage in successive rounds of liberalization, or else the open global trading system would be pulled down by protectionist interests. I don’t know if the theory was…

…trading were swooning, with the S&P 500 and Dow Jones Industrial Average in negative territory, ceding big early gains. What happened? … Later in the day, the markets’ exuberance was…

…this foundation, the two-household trading model finds the value of money. Household A grows bananas. It produces enough bananas to feed the Household. Household B grows Apples. It produces enough…

…higher in morning trading, lifting front-month oil futures above $69 per barrel after a stronger-than-expected reading on U.S. unemployment claims raised optimism that August’s jobs report scheduled Friday might show an…

…contract surge more than 10% over the two prior trading sessions . . . despite that Friday retreat, natural gas prices still finished 4.8% higher on the week, and ended…

…. . . however, oil prices dipped in overnight trading after the American Petroleum Institute reported the 2nd straight week of unexpected inventory builds, and then slid from its prior seven…

…days , but pared a portion of the earlier gains in afternoon trading on a stronger US dollar ahead of the weekly release of U.S. inventory data from the American Petroleum Institute,…

…write this, the 10 year Treasury bond is trading at roughly 1.89%. This is about 0.10% below where it was trading most of last week. It is the beneficiary of…

…ecosystems we still have. Oh, and my “one unit, all consumed” (OUAC!) preference also helps with water markets and trading. If rights are somehow defined in terms of (non-zero) efficiency,…

…as an oil trading legend. The SPR is an emergency stash of crude oil — the world’s largest — that was created to ease oil supply problems or shortages. It…