Archive - Blog entry
February 26th, 2015
Gas prices are some of the highest in the country in San Diego, California, and it still cost me only $2.96 a gallon to fill up my tank last week.
There’s an excess of oil supplies, according to analysts. You can see from the chart below that global oil production has been rising steadily over the last three years.
The levels of spin and denial are reminiscent of the run-up to the 2007 crisis. We and many others were ignored for highlighting the dangers facing the Irish and global economy then and are being ignored again now.
An evil exists...
Stocks are pricing in ECONOMIC PERFECTION and the reality is that the global economy is imploding.
The fact that Walmart raised wages in the manner that it did ought to have alerted the Fed that something is going on in the underlying employment dynamics of the labor market that they aren`t addressing with their current ZIRP stance.
And black is white.
and more news moving the markets
Please allow me to introduce myself...
Financial markets and investing reflect the same characteristics as my attempt at keeping fit
Although it may be unrealistically optimistic, I believe my paraphrase of a Churchill quote:
Learning the Facts Will Help Protect You From Heart Disease, Stroke ... And Stupid Trades
As a frequent contributor to Bloomberg, I would welcome the opportunity to debate this with Barry.
What say you @ritholtz ? : )
and other things to keep an eye on today
Many argue money should be defined as the medium of exchange--the dollar. The catch is that the dollar only circulates because the government forces it to circulate...