On June 27, we recommended shorting the shares of office property company Vornado Realty Trust (NYSE: VNO). We anticipated that the company’s exposure to the commercial real estate markets in New York, San Francisco, and Chicago would result in a decline in the share price.
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In today’s video, Scott Garliss talks about the diverging economic dynamics in the U.S. and Europe, and how to profit. He’ll show you…
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U.S. shale oil production is set to fall to nearly 9.40 million barrels per day (bpd) in August, which would be the first monthly decline since Dec. 2022, data from the Energy Information Administration showed on Monday. Output from the Permian basin, the top oil producing region in the country, is set to fall to
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The shale patch is shedding rigs at the fastest pace since the height of the Covid-19 pandemic despite healthy oil prices. Behind the drop in rigs is a tale of the haves and the have-nots. Private companies, which added rigs at a breakneck pace as the pandemic abated, have drilled up many of their best
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