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Oil, China, the Middle East, and Nuclear Weapons


January 6th, 2016 12:27 PM

Oil China the Middle East and Nuclear Weapons

The market is off to a bad start for January. On Monday, China’s new circuit breakers shut down their market due to massive selloff which fueled a global stock selloff. That night, China’s central bank injected almost $20 billion (in U.S. dollars_ into their market to in order to prop up their market selloff.

Most of the Asian markets opened lower due to concerns over China and a possible Hydrogen Bomb test from the North Koreans. Kim Jong Un tested the weapon in the north-east section of the country but has not provided any proof it actually was a Hydrogen Bomb. Either way it was enough to scare off many investors in an already shaky financial region.

Crude Oil has hit a new low today at $33.93 Per Barrel (as of 12:03 Mountain Time), and continues to bring down the market. Brent Crude hit a new 11-year low and has been in an 18-month downtrend so far.

In the middle east, fighting continues throughout Syria and Iraq while tensions are flaring between Saudi Arabia and Iran. Other countries are choosing sides due to the execution of the Iranian Cleric Nimr al-Nimr and 46 others. This situation is still in its early stages and we have yet to see how, and if this event is going to have an effect on the growing world oil supply.

Stay tuned to RonCaskey.com for more news!



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About Dr. Ron Caskey

Dr. Caskey has over 30 years experience as a trusted financial professional. Over the past three decades, he has helped scores of valued clients create, protect, and distribute wealth in an effort to greatly enhance their overall quality of life. He lives with his wife Jeannine in Firestone, Colorado. They have raised 5 kids and have 11 grandkids.

Dr. Caskey's top priorty is working with you to both learn about your particular situation and to make sure you are fully educated so that together we can find the solutions that work best for your particular situation.

*Disclaimer* - *Guarantees are backed by the financial strength and claims-paying ability of the issuing company. Bonus annuities may include higher surrender charges, longer surrender periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus. By responding you may be contacted by an insurance agent. Annuities are designed to meet long-term needs for retirement income. They provide guarantees against the loss of principal and credited interest, and the reassurance of a death benefit for beneficiaries. This website and its contents, downloads, videos and audio files are designed to provide general information on the subjects covered and is provided to you for informational purposes only. Pursuant to IRS Circular 230, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Ron Caskey does not give legal or tax advice. Please consult your tax advisor or attorney. Ron Caskey is a registered and licensed insurance agent resident in the state of Colorado, non resident in multiple other states. This website focuses on insurance products in an attempt to avoid volatility. The term "Safe Money" should not be understood as signifying a guarantee or a guaranteed investment.*
**Additional Disclaimer** - **Here's who and what I am. AND Who and what I am not!
I am not, nor have I ever been, nor do I ever want to be a “Financial Planner, Investment Adviser, Certified Financial Planner”. As a result, I do not provide investment advice, nor do I sell securities. Therefore, I have NEVER, nor will I EVER recommend, suggest, or imply to anyone that they should sell a security or move a security into an Indexed Annuity. I only provide my clients choices in Life Insurance Company Products and explain to customers how the products work. After they get the information, it is my client’s choice, not mine, whether to buy an Insurance Product and what assets to use to do so.**
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