Oil demand surges in the U.S. according to the EIA and the IEA as low prices spark a buying frenzy. Yet could a budget deal that increases the odds of an early taper temper rising demand expectations?
Major indexes succumbed to marginal profit-taking Tuesday, while the S&P 500 and Dow 30 remained relatively trend neutral.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
Paul Volcker said he wasn’t involved with writing the final version of the rule that bears his name.