Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War

A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted Update(1425): Is a tit-for-tat oil depot war opening? This could be the next phase of escalation, already in progress. Iran's Islamic Revolutionary Guard Corps (IRGC) says it has struck Israel's Haifa refinery, framing the attack as direct retaliation for fresh Israeli strikes on energy infrastructure inside Iran. The war of the oil refineries: Iran says it targeted tonight a refinery in Israel after an attack on its own refinery in Tehran. The regional energy infrastructure is getting...

Beta: A Powerful But Faulty Tool For Managing Risk Authored by Michael Lebowitz via RealInvestmentAdvice.com, When investors want to reduce risk, one commonly used tool is beta. For instance, an investor may sell higher-beta stocks and replace them with lower-beta ones to cushion against an expected market decline. Such a strategy is intuitive and widely used; however, it can be greatly flawed. We recently received a question from a client about how we use beta to manage our portfolios. Given recent volatility and declining prices, the timing could not be better to...