Monday, April 20, 2015

China: Stimulus -- April 20, 2015; Market Responds

This is kind of cool. I've talked about it before. AFP is reporting:
Oil prices rose Monday, extending recent strong gains, as the market assessed fresh stimulus action by China against a background of a US crude supply glut.
Disclaimer: this is not an investment site. Do not make any investment or financial decision based on what you read here or think you may have read here.

Meanwhile, in the Mideast, speaking quietly but wielding a huge stick, the AP is reporting:
The U.S. Navy aircraft carrier USS Theodore Roosevelt is steaming toward the waters off Yemen to beef up security and join other American ships that are prepared to intercept any Iranian vessels carrying weapons to the Houthi rebels fighting in Yemen.
Gulf of Tonkin redux?

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