 |
Louisiana Light • 2 days | 86.60 | -0.08 | -0.09% | ||
|
Bonny Light • 1 day | 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 • 10 hours | 2.710 | -0.003 | -0.13% |
|
Bonny Light • 1 day | 88.69 | -0.04 | -0.05% | ||
|
Girassol • 1 day | 89.20 | -0.10 | -0.11% | ||
|
Opec Basket • 2 days | 87.35 | -2.29 | -2.55% |
|
Peace Sour • 17 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 17 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 17 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 17 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
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Stocks Shoot Higher as Markets Anticipate Potential Rate Cuts
Gold soars to record highs…
Finance / the Economy
Key Indicators Signal a Positive Shift in the Economic Landscape
Something has changed these last few weeks. Yesterday I was struck by how many indicators have suddenly broken trend over the last few months. It appears that the economic landscape…
Critical Indicator Signals America's Economic Fortunes May be Changing
Something unusual happened the last few weeks. Bank lending in the U.S. didn't fall significantly. Since the onset of the financial crisis, outstanding loans at U.S. commercial banks have been…
The Debt Potato
The past year has been all about shifting debt. The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to), driving the banks into debt.…
Is the Dollar Really Safer Than the Euro?
The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today. The move has caused many…
Why the Euro Might Devolve into Euro1 and Euro2
The euro as presently configured is doomed due to structural imbalances between mercantilist and consumer nations. A "euro1 and euro2" system would allow a face-saving demise to euroland's single currency.…
Losing the Red Queen's Race
The Red Queen's Race is an apt analogy for the meltdown in assets and debt now swamping the global economy. The a href="http://en.wikipedia.org/wiki/Red_Queen's_race">Red Queen's race refers to running…
Fed Chooses to Exit Through Eye of Needle
Ben Bernanke is making sure the Fed's exit strategy goes as easily as a camel can pass through the eye of a needle. Instead of choosing to just sell assets…
The U.S. Dollar is Finally Getting Invited Back to the Investment Party
The U.S. Dollar is Finally Getting Invited Back to the Investment Party The buck is up 6% against the euro in the last three weeks. Notwithstanding problems in Greece and…
A Mortally Wounded Private Sector
The President’s 2011 budget proposal was so outrageously egregious that Obama had to hold a special conference on Monday just to spin the news. The scope of the proposed budget…
Energy prices sink lower despite strong GDP growth
Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to…
Save The Middle Class While Fixing the Banks for Good
While I’m disgusted with the level of banker’s bonuses and with the obscene leverage practices financial institutions undertook, I do not think the answer to how we clean up…
The Tepee Shaped Recovery
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
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…
So You Think You Can Debase a Currency
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…
Unstimulating America - How do you Undo a Trillion Dollars?
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…
Death of the Dollar! Is the end of the Greenback Truly at Hand?
There were a lot of reports this week about the demise of the dollar. Is the end of the greenback truly at hand? Or are reports of the dollar's death…
Keeping our eyes on the ball
Question: Can the debt mountain keep on growing to the sky or will we eventually see a landslide collapse? Answer: The evidence in the USA (continuously rising unemployment…
