Breakfast briefing: Monday, August 14


The price of crude is languishing under $50 a barrel, far below the level many Gulf producers need to balance their budget

MarketWatch: Bearish stock investors are slowly coming out of hibernation, as money has begun to move into funds that aim to profit when markets dive. US mutual funds that attempt to profit in falling markets attracted US$413 million in new investments during the second quarter, the funds' largest inflows since the height of 2013's "Taper Tantrum" selloff, according to Thomson Reuters' Lipper research unit. - Reuters

 

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