Dec 17, 2014
Last week's ugly compromise spending bill sailed through Congress, but what was in those 1,600+ pages? It's hard to be sure , but something in there was important to Citigroup and other big banks. They pulled out their big guns to get the bill passed.
Dec 10, 2014
Sub-$2 gasoline is reality in parts of the U.S. and will probably be common by January. That's great news for drivers and consumers. It's not so great for the energy industry.
Dec 3, 2014
No one rings a bell when the stock market hits a peak or a bottom. Major turning points are usually evident only in hindsight. The same is true for energy prices.
Nov 25, 2014
OPEC is doomed. I’d like to say this means we can expect “cheap” gas again, but that may be too much to ask. Nevertheless, I don’t see crude oil going sharply higher from here, no matter what OPEC does from here.
Nov 19, 2014
Large financial firms are running a year-end TV advertising blitz. Their theme: How will you pay for retirement? It's a good question. Saving as much as you can and planning ahead are excellent ideas.
Nov 12, 2014
Last week's midterm elections weren't only about political power. Money was at stake, some of it probably yours. Would you like to know which direction it will go?
Nov 5, 2014
Last week brought the long-anticipated end of "the taper." The Federal Reserve, because it thinks the U.S. economy is doing so well, decided to close down its quantitative easing program.
Oct 29, 2014
Do you remember the last time crude oil was in a buyer's market? I don't either. We're getting a reminder right now , and it isn't good news for some in the energy business.