| Ron Paul: US interest rates are going negative, and the Fed can't stop it | | | | TUE, SEP 17, 2019 | | | WATCH LIVE TUESDAYS AND THURSDAYS 1PM ET | | SPONSORED BY | | | | | | | 1 | Why the Fed and markets could clash over interest rates | | | 2 | Crude oil gets crushed after Saudis signal faster comeback from attacks | | | 3 | Copper's stuck in no man's land this year, but one trader is betting on a bounce | | | | | | | | | WHAT ANTHONY IS WATCHING 9/17 | | Lots of relief for crude oil prices today, but traders need to be wary of any retaliatory actions by the Saudis. If there is a silver lining to this: It happened at a time when seasonal demand starts to wane and the Saudis have millions of barrels in storage to make up for any shortfall. If the U.S. wasn't so proficient in fracking, crude oil prices would have gone a lot higher. Prices will still be elevated and trading with a lot of volatility over the next few weeks, but it seems the market dodged a major bullet here. $58.77 is the next area of support. if the market trades through that crude could work its way back to $56.20 or so, which is where the 21, 50 and 200-day moving averages come in. | | THURSDAY, SEPT. 17 | David Rosenberg, Gluskin Sheff chief economist and strategist Benn Steil, Council on Foreign Relations Sr. Fellow & Director of International Economies | | | | TUESDAY, SEPT. 24 | Larry Glazer, Mayflower Advisors managing partner | | | |
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