Corona Virus(COVID-19) Pandemic
I can well imagine that in 2016 the oil price will bounce back from its current sub $40 level. The Saudis may try to cut production, there could be more conflict in Iraq, terrorists could attack some of the prize targets such as the oil terminals at Ras Tanura and Abqaiq. Anything is possible, something is likely. But the question is how far the bounce will go.
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Paul George, Chris Paul, Carmelo Anthony, Gordon Hayward Jimmy Butler, Derrick Rose, Paul Millsap, J.J. Redick, Eric Bledsoe, Dwight Howard ... the list goes on and on of players who switched uniforms since last year.
The reading represented a fall of 0.4 points from September and a sub-index on output for the gauge, which primarily tracks larger and state-owned enterprises, fell 1.3 points to 53.4. That for new orders dipped 1.9 points to 52.9.