Chart showing supply and demand lines crossing.

Macroeconomics of the OPEC Cartel

All the recent talk of an OPEC deal to push up the price of oil is nonsense. Here is a hypothetical supply and demand chart of oil. In this hypothetical

Low Interest Rates Making All The Difference

Falling profit margins typically precede a recession. Last week, the Bureau of Economic Analysis released the latest profit margin numbers that clearly point to an oncoming recession. Notice how the last