THE FIRST INFLATION SURGE IN 25 YEARS IS OVER. So, what now? First, let me give credit when credit is due. Federal Reserve Chairman Ben Bernanke and the Fed finally got one right. They’ve been promising us moderating inflation for a year or more and now with -30% lower crude oil prices and a big...
YOUR ALTERNATE CLEAN GREEN ENERGY UPDATE Finally! A Plan! The Pickens Plan. Kudos to Mr. Boone Pickens ! Yep, it finally came down to a long time oil man to propose a way out of our energy bind. Obviously, it’s only a first step and it has a lot of hurdles and a long way to go before implementation...
UPDATE ON THE STOCK MARKET . Witten Friday, June 20th, 2008: 6:30 a.m. Looked to me like yesterday’s stock market rally was a knee-jerk reaction to China announcing it was going to raise oil prices by 17%. Crude dove on the news while stocks jumped. But if one thinks it through, is China raising...
THE BIG PICTURE Ok, here’s a Big Picture of where America and we Americans stand today. A fairly downbeat Big Picture so buckle your seatbelts. America has been on the verge of a major comeuppance for many, many years. But its been postponed and postponed. Because the US dollar is the world’s...