 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 3 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 10 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 10 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 10 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
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What's the T-Bill Market Saying?
There have been some odd happenings in the T-Bill space recently.Security yields can tell you a lot about what's happening in a market. And sometimes, what's about to happen.…
Is it Time to Buy British Petroleum?
The daily spill estimate has been ratcheted up from 1,000 barrels a day to 35,000, and now 60,000! Fitch downgraded its debt a stunning six notches from AA to BBB.…
India’s Booming Economy Showing No Signs of Slowing
India's economy grew at its fastest pace in six months in the quarter through March 2010, fuelled mainly by government and consumer spending, which is expected to allow policymakers to…
China’s exports Jump in May - But it’s Not All Good News
The good news, apparently, is that Chinese exports are up. Bloomberg reported this week that a rally in oil and metals prices was triggered by news of an export jump…
Hedge Funds Crash in May
Hedge funds suffered a disastrous month in May, showing an average 3% decline in net asset values, and some funds like Eddie Lampert's ESL Investments got clocked for a 15%…
Where to Play the Dead Cat Bounce in Europe
The currency is in free fall, and the continent is about to enter a new dark age, as enforced deleveraging brings economic collapse and widespread civil unrest. To me, this…
Goodbye BRIC, Hello N-11
Jim O'Neill, the clever Goldman Sachs analyst who came up with the term "BRIC" a decade ago, has cooked up a new, catchy investment theme. Get ready for the "N-11",…
Fear and the Markets
Extreme volatility is not a sign of health for financial markets. But in 2010 financial markets around the globe are experiencing unprecented volatility. Why? It is because the entire world…
The Similarities Between Deepwater Horizon and Global Financial Meltdown
The explosion of Deepwater Horizon and the collapse of Lehman Brothers share similar characteristics of risk, denial and coverup. My good friend G.F.B. recently observed that the Deepwater Horizon catastrophe…
Only Buy Companies You Hate
The Wall Street Journal published one of the funniest investment strategy pieces I have ever read. Dilbert cartoonist Scott Adams argues that you should invest in companies you hate because…
Shipping Rates Continuing to Soar – Could the Chinese be Starting to Unload their Metal Stockpiles
There definitely appears to be something going on with global bulk shipping. I mentioned last week that shipping rates (as measured by the Baltic Dry Index) for Capesize vessels have…
This Could Deliver Wall Street's Next Windfall
I can tell you right now that cap and trade is going to win the political battle over a carbon tax, hands down. Don't waste a nanosecond of your time…
Buy when a Lynch Mob is About to Hang Them From the Lamp Post
You know my preference for buying country funds when there is blood in the streets. The corporate equivalent of that maxim has to be to buy when a lynch…
U.S., Canada, Germany and Japan Back to Pre-2003 Industrial Production Levels
An interesting chart from the Bank of Japan's latest monthly economic report. Japanese capacity utilization is way down. Around 20% of manufacturing facilities are standing idle. This is an improvement…
Credit-Based Speculative Economy Imploding on a Global Scale
A slow-growth real economy has been replaced with a credit-based speculative financial economy dependent on low interest rates and systemic fraud to survive. It is now imploding on a global…
The Hard Truth About Residential Real Estate
Anyone who believes that housing is on the rebound, and that now is the time to buy, should take a very hard look at the numbers I dredged up for…
Silver Coin Sells for $7.85 Million
Who Said the Dollar Was Going Down? I knew silver was doing well, but not that well! Possibly the oldest silver dollar in existence, a mint condition 1794 liberty dollar,…
Amid the Financial Turmoil One Economic Indicator is Soaring
The financial world is coming unglued again. Greece has pushed the E.U. to the brink. Global stock markets are tumbling. And yet, at the same time at least one economic…
Make Your Next Killing in Africa
Feel like investing in a state sponsor of terrorism? How about a country whose leaders have stolen $400 billion in the last decade and has seen 300 foreign workers kidnapped?
Welcome to Financial Reform Light
Banking industry lobbyists were popping the Champaign bottles in Washington yesterday, as a greatly weakened and enfeebled financial reform bill stumbled across the finish line, coughing and wheezing all the…
