U.S. Crude Oil & Natural Gas Rig Counts Are Trending Higher
Nov. 29, 2016 - First Trust -
View from the Observation Deck
1. Today's blog post illustrates the dramatic reduction in the number of active U.S. crude oil and natural gas rigs since energy prices peaked in 2014, as well as a bit of a rebound in the counts in the second half of 2016.
2. Rig count cuts are generally done in an effort to curb production in response to declining energy prices. Rig counts tend to rise when energy producers sense that higher prices are not only coming, but are sustainable.
Higher Rates Won’t Crush Housing
Nov. 28, 2016 - First Trust -
In the past 7 ¾ years, we have consistently urged investors to separate their politics from their investing. It’s way too easy to say, “Their guy is in the White House; so everything must be awful – and if anything good happens, it must be fake, or a ‘sugar high’.”