Energy
Can the EU Hold Out?
Over the weekend, new capital requirement rules for large banks were finalized. Known as Basel III, these rules will add as much… Read more
International Energy Agency (IEA) Releases 60 Million Barrels of Oil
Yesterday, Federal Reserve Chairman Ben Bernanke announced the potential for a third round of quantitative easing only IF economic conditions continue to decline… Read more
Oil Prices and Spending
MasterCard Spending Pulse, a data-tracking service, reports that, for the week of April 1, Americans bought… Read more
Stocks Bounce at Support
I’m no nuclear expert. Far from it. So the reports that the pools where spent nuclear… Read more
Japan Stock Market Rebound and the Apple Complex (aapl)
The Nikkei took back nearly 500 points in Wednesday trading. That’s what happens a central bank… Read more
CNN: Oil Prices Are Too High
It’s not news to most Americans, but CNN columnist Paul R. La Monica today wrote that oil prices… Read more
$4 Gas Coming to a Pump Near You
In the last six months or so, we’ve seen copper up 36%, cotton up 100%, wheat up 24% and soybeans up 42%. And it’s hard to… Read more
Record High Gasoline Prices Coming this Summer
The high gasoline prices of 2008 may be nothing but a pleasant memory this
summer. That year, gasoline peaked at over $3.50 a gallon.
… Read more
An Early End to QE2?
Richmond Fed president Lacker is out today saying he expects GDP growth to approach 4% this year, and as a result of stronger … Read more