Economics and Investing:

A Bloodbath Looms Over Oil Markets. Oil prices have been stuck in a narrow range since OPEC announced its deal, and with an extreme number of long bets in the markets downward risk for oil is piling up.

o o o

Free Markets at Home Are the Solution to Companies Moving Abroad

o o o

Items from Mr. Econocobas:

US Wholesale Inflation Sees Biggest Monthly Gain in 4 Years

Fed Chair Yellen: ‘Unwise’ to Wait too Long to Hike Interest Rates – To be honest I’m not sure what to think. Fed President Bullard came out just this past Sunday and said no rate hikes are coming this year, and the market rallied. Now Yellen is saying this. The verbiage is different than prior Yellen “talk” of raising rates, almost like she is laying out an understanding that things could get out of control and fast. I don’t think the markets believe her as they rallied still today after her statement.

o o o

SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.