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Category Archives: Main Page
Shilling on why consumers are saving not spending energy savings
All the QE in the world, and still job growth is anemic, inflation is weak, and consumers are pulling in their spending to try and build up their savings. See: Where have all the consumers gone? The household savings rate … Continue reading
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Saudis add half a Bakken to oil market in one month
After falling 50% through 2014, buy-the-dip oil bulls have ramped prices up about 16% in the past month, but the supply glut is only getting bigger… Saudi Arabia boosted crude production to the highest in three decades in March, with … Continue reading
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Broken, lawless finance sector continues to enrich its own at our expense
And so the revolving door between Washington insiders and the finance industry continues to swirl round, without moral code, without restraint, without any shame. All while making a mockery of democracy and of fair minded people everywhere. What will it … Continue reading
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