I don't hang around tough guys.
I used to and he always got me into trouble. I went to bars looking for a drink. He went looking for a fight.
One time I looked up just in time to see him push a guy over a second-story railing. I was planted below and stupidly tried to catch him. He fell right on top of me. The both of us someho Read the full story
If you can't understand why the market fell by nearly 500 points yesterday, you should've heard the conversation I had with Cec – my wife – this morning at breakfast.
"It feels different today, doesn't it?" she asked (before I took my first sip of coffee).
"No."
"I m Read the full story
C.L. reminds me of the lead character, Howard Beale (played by the great British actor Peter Finch) in the great 1976 movie Network who screamed, "I'm as mad as hell, and I'm not going to take this anymore!" I have a feeling that C.L. saw this movie back in the day. Okay, C.L., the floor is yours…
With such wild market gyrations recently, I’ve been thinking a lot about risk. It seems there’s no escape from risk.
I’m not talking about your garden-variety kinds of market risk but from extreme forms.
The war which is still simmering in Georgia has put at risk about 1 million barrels of crude flowing from Read the full story
Great. The Fed is riding to the rescue of the banking sector once again.
This is not the first time we've seen this. The Fed helped pull out Bear Stearns from the jaws of bankruptcy a couple of months ago. And now it is providing the investment banks with more emergency cash and loans.
Do these banks deserve the l Read the full story
Has the oil bubble burst? Prices have fallen almost 10 percent from a high of over $147 last Friday. This morning crude is trading just north of $134. What happened?
The dollar has had a couple of decent days. But it’s more than that. At least for a couple of days, the fear that U.S. economic Read the full story
Appeared on Fox News this morning … very early … as in 6:10. Gulped down a cup of Java that seemed to clear my head. Then I gave viewers my view of the International Energy Agency’s report yesterday.
I said that it’s a race to the bottom. What trend is getting worse faster – crud Read the full story
What don’t you get about oil? You can pretty much count on it following the price of the dollar these days. The dollar goes up, oil prices go down. The dollar goes down, oil prices go up. Yesterday, the dollar went up…
So, obed Read the full story
