Crude Oil: Don't Pay Attention To What OPEC Says

I learned not to pay too much attention to what OPEC says it will do or not do. They certainly have been talking a lot. But the question with OPEC is that even when they agree on a production cut, than what happens there is always a country or two doing something else under the table, cheating the supply cut deal. If I were you I would certainly not pay too much attention to OPEC.

Right now, crude oil is making a base between 30 dollars a barrel and 55 dollars a barrel. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, )

Trump: The Risks For The World

Donald Trump certainly has got enough bravado, enough ego to do what he said he would do when in the White House. He said the first thing he would do was to change all the trade deals (TPP, NAFTA, etc) and that is not good for the world. (iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY))