Good News but Not Real Good News The US economy grew at a rate of 2.8% in the last quarter of 2011. That is the fastest pace of growth since the first half of 2010 and reason enough to do some mild celebrating – emphasis on the mild. It is hard to be such a [...]
The Year of the Black Water Dragon is an auspicious one – all the dragon years are considered important years and ones that carry plenty of import as far as fortunes are concerned. It is the only year in the Chinese zodiac that is named after a mythical creature and the dragon has long been [...]
As mentioned in the Raw Intel and Rumors section,Iran will vote to shut off shipments of oil toEurope this weekend.Iran provides about 450,000 barrels per day toEurope.Saudi Arabia has riledIran by saying that it will step in to fill the void left byIran and keepEurope supplied with oil. From a geopolitical perspective, this has a [...]
The rescue of the Greeks may be imminent and I know you have heard that before. The fact is that the nations of Europe have far too much to lose from allowing a total and chaotic collapse of the Greek economy – much less a series of domino-like failures that suck all of southern Europe [...]
The boom brings its own bust until there is some shift in either the supply or demand. The natural gas industry was one of the success stories of the last year as the new technologies started to drive production to record levels. Prices fell like a stone in response and today the industry is at [...]
USPS Postmaster General Patrick Donahoe said this week (in response to a comment made by a US Representative) that it must move seriously on changes to plug a $10 billion gap in the USPS budget. Rep Issa said that the USPS needs to move on closing facilities and laying off up to 200,000 workers to [...]
Sources out of Iran are saying that the country will make a pre-emptive strike against European interests and will vote in parliament to cut off shipments to Europe starting as early as next week. Remember that Europe had voted to curtail purchases of crude oil from Iran in an attempt to put pressure on [This [...]
Business Spending on the Increase This is not a story without legs. For the last few months the temptation has been to latch on to any piece of decent news available and hope that it is a signal of something significant down the road. In most cases this has been grasping at straws. There was [...]
Interest Rates to Stay Low Until Cows Come Home That may not have been the exact language used by the Federal Reserve’s Open Market Committee but you get the gist. The current loose monetary policy will stay intact as long as it takes and the Fed will remain more focused on the issues of growth [...]
The speech tonight will put an interesting spin on the Keystone decision. If the emphasis on energy development is actually as important as the media is being led to believe the Keystone pipeline rejection will take on a different hue. The Obama plan is expected to put emphasis on[This content is for MEMBERS ONLY. Please [...]
