 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 19 hours | 88.69 | -0.04 | -0.05% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 3 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 19 hours | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 19 hours | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 11 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 11 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 11 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 11 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.21 | +0.04 | +0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | +0.00 | +0.00% | ||
|
Kansas Common • 3 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 3 days | 86.86 | -2.40 | -2.69% |
New Bitcoin Whales Emerge in the Corporate World
MicroStrategy is the world's largest…
Stocks Shoot Higher as Markets Anticipate Potential Rate Cuts
Gold soars to record highs…
New-World Climate Regulation Clashes with Old-World Capitalism
Banks face challenges in meeting…
Finance
China's Long and Winding Road
I spent the evening speaking to Gao Jie, a Beijing civil judge who left the bench to join China's growing environmental movement when her kids came home from school one…
Follow the Smart Money and Take a Look at South Africa
The great thing about the Internet is that sometimes it gives you back more than you put into it. In response to my piece on South Africa (EZW) a few…
Lunch With Bill Clinton
I opened the e-mail at my usual wake up time of 4:00 am. President Bill Clinton was playing at the Presidents' Cup PGA tournament at the Harding Park Golf Course…
The Great Bond Market Crash of 2010
OK, maybe it hasn't really crashed yet. But the two day, 3 ½ point sell off in the futures for the 30 year Treasury bond (TBT), at the end of…
Thailand Punches Through to New Highs
With hotel occupancy in the dumps at 20%-30%, and parts of downtown Bangkok still in ruins from the May riots, you would think the call to buy Thailand (TWD), (TF)…
A Chat With Steve Forbes
I sat down with Forbes magazine publisher and perennial Republican presidential candidate, Steve Forbes, whose father, Malcolm, I knew from my journalism days in the seventies. He was there formally…
Hedge Fund Under Investigation after Algo Floods Oil Market with Orders
A high frequency trading firm based in Chicago is being investigated by the CME Group because back in February, it turned on an algo that in just 5 seconds, caused…
Its Official: China is Unloading its Treasury Bonds
It looks like the smart money these days is found in China. While American investors have been scrambling over each other to buy more Treasury bonds at historically low yields,…
Why We’re on the Slow Boat to Nowhere
After speaking to a gaggle of economists, portfolio managers, and traders the last few days, I’ve had one of those “Eureka” moments, as the markets have shown their hands. Those…
After Two Years of Financial Turmoil Nothing Has Changed
Despite the legislative churn that produced thousands of pages of new laws and regulations and much self-congratulatory PR, nothing of any importance has changed. All the truly important systems remain…
Don’t Buy Anything That Can Be Created With a Printing Press
We’re already eight years into what is probably a 20 year secular bull market for commodities. You can start with the traditional base commodities I just want to take a…
Return of the Great Bond Conspiracy
The old saying goes that just because you're paranoid doesn't mean everyone else isn't in on it. It's starting to feel that may be true in the bond market. For…
Why Can’t We Be More Like Chile?
I just want to pass on some data forwarded to me from my extensive band of Chilean readers in response to my recent piece, “Chile is Looking Hot” (click here…
BP Drags Down Norway Pension Fund
A major Norwegian pension fund has named oil producer BP its worst performing stock, with the fallout from the Gulf of Mexico spill crisis losing $1.7 billion for the fund.…
Hedge Fund Managers Head For the Frontier
No, they are not donning a Stetson, cowboy boots, and a six gun to fight Indians in the Wild West, where I live. Their never ending reach for yield is…
My Briefing from the Joint Chiefs of Staff
I have always considered the US military to have one of the world’s greatest research organizations. The frustrating thing is that their “clients” only consist of the President and a…
It’s Official: China is Number Two
With China’s (FXI) economy rocketing at 8%-13% quarterly growth rates, and Japan (EWJ) plodding away with meager 1%-2% rates, it was only a matter of time before the Middle Kingdom…
The Recovery Was An Illusion – And That’s A Good Thing!
In July, I wrote an article titled ‘Is The Recovery An Illusion?’ With the additional evidence that has come in since there really is no doubt about it. Economic recovery…
Pick Up Shipping Stocks for the Dividend
The markets are currently stampeding for yield of any description, damn the risk. That’s why shipping stocks have suddenly come into focus, which offer some of the highest dividend yields…
ConocoPhillips Looks Like a Steal
Since I am a permabull on energy of all types, I am constantly trolling the markets for cheap energy plays, and ConocoPhillips (COP) popped up on my radar. The large…
