Why Do Oil Prices Change?
Like other commodities, oil follows a production cycle and the laws of supply and demand.
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Loan loss provisions
Loan loss provisions help banks manage their cash flows when a loan turns bad – and they can be great indicators not only of a bank’s financial health, but also that of the economy overall.
What’s a HELOC?
HELOCs can seem like a good way to access cash, but they need to be used carefully to avoid risking the asset used to guarantee them.
Steps to Weather a Financial Crisis
When a financial crisis hits, it’s easy to panic. But focusing on the steps you can take to shore up your finances during a crisis can give you a sense of control and make sure you’re in as good a shape as possible when you come out on the other side.
Gimme a V and keep the L: What economic recoveries look like
Economists have shorthand to talk about how long economic recovery can take, based on the shapes graphs take when you input key data.
All downturns are different, but all volatility eventually ends
The economic downturn brought on by COVID-19 may be too big to have a direct historical comparison, but that doesn’t mean the volatility it brings won’t pass.
