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  • 5 hours Western Canadian Select selling for $6.48 bbl. Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
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  • 9 hours Wait till America opens their Q1 401k Investment Statements and see they have lost 35% of their retirement savings. They can blame the Authoritarian Chinese Communist Party..
  • 11 hours There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 12 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off
Wall Street’s Big Coronavirus Mistake

Wall Street’s Big Coronavirus Mistake

The coronavirus has wreaked havoc…

Finance

Quick Take of the Markets Today

Quick Take of the Markets Today

Jan 26, 2010 at 16:39 | Editorial Dept

U.S. markets calmed Monday on good earnings news but Asian markets remained roiled overnight, down about 2 percent across the region. The Yen rose, reflecting a flight to safety as…

Get Ready, A Major Change Has Hit

Get Ready, A Major Change Has Hit

Jan 25, 2010 at 14:44 | Graham Summers

Let’s talk about sentiment. Last week was the worst market week since March 2009. Similarly, the three-day decline from Wednesday through Friday was the worst three days since March 2009.…

Is the Market Flashing a "Sell" Signal

Is the Market Flashing a "Sell" Signal

Jan 19, 2010 at 17:51 | Graham Summers

Is the Market Flashing a “Sell” Signal?Friday’s decline has got a lot of commentators asserting that the official top is in for the rally that started March 2009. The…

The Tepee Shaped Recovery

The Tepee Shaped Recovery

Jan 16, 2010 at 03:25 | Michael Pento

The shape of this economic recovery will not be in a “V”, as many pundits have promulgated, but instead may be the inversion of that letter…which will unfortunately look much…

Lending Takes Another Teeth-Kick

Lending Takes Another Teeth-Kick

Jan 15, 2010 at 16:14 | Dave Forest

The "Financial Crisis Responsibility Fee" dropped today on Capitol Hill. The odd-sounding measure ("You've caused a financial catastrophe. That'll be $8.50 please.") is the Obama government's latest plan to recoup…

A Limp Oil World

A Limp Oil World

Jan 11, 2010 at 14:42 | Dave Forest

China was the savior of commodities the past year. And a particularly hot spot today. China's customs agency released some impressive trade numbers. December exports were up 17.7% year-on-year. Imports…

So You Think You Can Debase a Currency

So You Think You Can Debase a Currency

Jan 07, 2010 at 16:44 | Dave Forest

Yesterday I visited the nicest public pool I've ever set trunks in. The place was airplane hangar-sized. Giant hot tub. Towering waterslides. A float-along river for the kids. All this…

Liquidity Problems - Two Major Miners Run out of Cash

Liquidity Problems - Two Major Miners Run out of Cash

Jan 04, 2010 at 18:02 | Dave Forest

It's been awhile since we heard the phrase "liquidity problems". In October 2008, you couldn't set browser on internet without hearing about liquidity problems somewhere. During the financial crisis, cash…

Unstimulating America - How do you Undo a Trillion Dollars?

Unstimulating America - How do you Undo a Trillion Dollars?

Dec 23, 2009 at 23:45 | Dave Forest

That question has been on the minds of leaders and financial thinkers worldwide, since the financial crisis broke last fall. In response to falling asset prices, governments around the globe…

How to Guarantee Success - Why Mexico Hedged it’s 2010 Oil Production at $57 per barrel

How to Guarantee Success - Why Mexico Hedged it’s 2010 Oil Production at $57 per barrel

Dec 11, 2009 at 18:46 | Dave Forest

A lot has been made this week of news that Mexico hedged the bulk of its 2010 oil production at $57 per barrel. Several analysts chalked this up to a…


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