Can Big Oil Survive At Today's Prices?

Data suggests that oil producers need prices in the $70-80 range to survive. That is unlikely in the next year or so. Without more timely price relief, the future looks grim for an industry on life support.

What Is Paul Ryan Up To?

He is pandering to the Trump-hating Beltway media and claiming the leadership of a Republican establishment routed and repudiated in the primaries, not only by that half of the party that voted for Trump, but also by that huge slice of the party that voted for Ted Cruz. If Ryan holds to his refusal to accept the decision of the Republican majority in the primaries, he should be removed from that role. And if Ryan does not come out of today’s meeting with the Donald, endorsing him, the presumptive nominee should turn to Paul Ryan, and, in two words, tell him, “You’re fired!”

The Great Unifier (And Why Bush Republicanism Is Dead)

The Bushes have many fine qualities. Losing well, however, is not one of them. However, despite their still divisive plans not to endorse Trump this week; ultimately, the Great Unifier upon whom the Republican Party may reliably depend is the nominee of the Democratic Party - Director James Comey and his FBI consenting - Hillary Rodham Clinton.

Why Is Tesla Short Interest Near All Time High: Each Car Is "Valued" At $620,000, And More

There is one group of investors who will be closely watching Tesla's results due out tomorrow: the shorts. The reason is that with the stock trading near record highs following a dramatic rebound from the February lows when it plunged to $150, only to rebound back to $250, short sellers have stubbornly refused to step away, and as the chart below shows, short interest remains just shy of record high.

Why The Hard-Sell For The "Self-Driving" Car?

The object of this exercise appears to be perpetual debt-servitude as well as placing almost everyone fully and finally under the complete control of the powers that be, who are no longer just the powers in government. The distinction between state power and corporate power is so blurry now as to be almost impossible to parse. The two are effectively the same thing, working hand in hand for their mutual benefit

Global Stocks Plunge After Bank Of Japan "Shock"

Less than one week after the BOJ floated a trial balloon using Bloomberg, that it would reduce the rate it charged some banks which set off the biggest USDJPY rally since October 2014, we are back where we started following last night's "completely unexpected" (for everyone else: we wrote "What If The BOJ Disappoints Tonight: How To Trade It" hours before said "shock") shocking announcement out of the BOJ which did absolutely... nothing. "It’s a total shock,” Nader Naeimi, Sydney- based head of dynamic markets at AMP Capital Investors told Bloomberg. "From currencies to equities to everything -- you can see the reaction in the markets. I can’t believe this. It’s very disappointing."