Date: 1/12/16 Name: Noy Phrachansisourath Course: MBA 648

Couple major news that kept many attentions. More than 1 billion dollars Powerball Jackpot! And the crude oil free fall.

Powerball entry has odds of wining is1 in 292 million, in every drawing. The only thing you can change is reducing your chances of having to share the jackpot, if you hypothetically do win. You do that by picking unpopular numbers typically those more than 31 since they are no one's birthday, wedding, anniversary.

Crude oil is 12 years low. It dropped over the past 18 months from $100 a barrel since July 2014 now it at the $30 a barrel. The forecast it possibility it can go as low as $20. With this shocking lower price is expecting as many as a third of U. S. oil and natural gas producers to go bankrupt.

Base up high supply and low demand also relationship between Saudi Arabia and Iran it causes the crude oil floor the market.

The company that has high level of debt doesnt mean poor long-term performer base on the five years average returns on equity. The company with low debt or no debt can take advantage of the unusual market turmoil.

http://finance.yahoo.com/video/obama-priority-1-going-terrorist-022900044.html

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