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Monthly Archives: March 2015
Why cheap oil doesn’t stop the drilling
Here is a direct video link.
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Rigs down, jobs down, energy production up, inventory overflowing
The commodities boom, followed by the QE liquidity boom, gushed capital at the oil and gas sector over the past decade. Technological advances have been huge and production has skyrocketed. That’s good news for supply. But it’s bad news for … Continue reading
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Financial insanity at its finest: “take out car loan to buy stocks”
This is a new high water mark in financially suicidal advice for CNBC listeners. No irrational exuberance here. Auto loans are up 29%. Discussing whether car buyers should pay cash or take the longer loan at a low interest rate, … Continue reading
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