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Daily Archives: November 2, 2016
Long always money business no hedge against capital losses
Steve Eisman, now a fund manager at Neuberger Berman Group was profiled in “The Big Short,” (as the character Mark Baum, played by Steve Carell in the film). In this morning’s interview on Bloomberg he opined that Europe still faces … Continue reading
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Self-interest in cost-savings driving energy revolution
Talk of climate change and reducing carbon and air pollution in our atmosphere may be a bit esoteric for the average bear, but lowering one’s monthly living expenses by a lot? Now that’s self-interested savings that everyone understands. This is … Continue reading
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Peak oil demand growth, come and gone. Supply still gushing
Oil (WTIC) fully retraced its September 28 to October 19 “OPEC freeze” hope rally this morning. Down nearly 12% from the latest October peak around $52/barrel, it broke below $46 in early trading. Trouble is OPEC’s output hit an estimated … Continue reading
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