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Streetwise

News and analysis on Bay Street and the world of finance
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Morning Meeting: Oil correction coming? Add to ...

A look at some must-read news on deals and deal makers around the world



Get ready for an oil correction

Oil dropped in the wake of China's rate increase, so JP Morgan is looking good already on its forecast of a "notable" correction in the oil price this week. The brokerage predicts that a lack of fresh political tension this week could lead to a decline in oil.





The SEC's strange bedfellows

Who is lobbying for more cash for the Securities and Exchange Commission? Wall Street's lawyers, reflecting concern that small investors won't return to capital markets if there's a perception that the SEC doesn't have the resources to be an effective cop, Andrew Ross Sorkin reports at the New York Times Dealbook.



Inside Paulson's huge year

How did John Paulson make $5-billion (U.S.) last year? The recipe includes a dash of leverage, a pinch of gold and a lot of underlying assets. The Wall Street Journal's Deal Journal explains.



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