marketoracle.co.uk - 3/4/2009
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Economy for 2009 Global crude oil production peaked in 2008. This will mean that there will be no recovery from the recession. Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from ...
calculatedriskblog.com - 3/9/2009
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calculatedriskblog.com —
Last year I wrote a post about how
falling oil prices would provide some cushion for the
U.S. economy: The Oil Cushion . Here is an update ... The following graph shows the monthly personal consumption expenditures (PCE) at a seasonally adjusted ...
(more)
The Oil Cushion
dailyfinance.com - 3/2/2009
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dailyfinance.com —
Filed under: Energy So much for that nascent
oil rally. In this oil market, the bears rule.
True, the bulls have their moments, but these are fleeting, like that proverbial church mouse that sneaks out for a peak from time to time, only to be chased ...
(more)
Bears still in charge as oil plunges to $40
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Subprime Eastern Europe to Bankrupt Western European Banks
GoldSeek.com —
... , which updated the forecast of 20th Jan . The current phase of the forecast implies that the DJIA should rally into early April targeting 7800. By Nadeem Walayat ...
Everyone Calls This A Bear Market Rally, But It’s Most Probably The Start Of The Stealth Bull Market
Daily Markets —
... ) close at 6626, that the Dow Jones Index had now fulfilled its bear market target of 6,600 as per the analysis of 20th Jan 2009 and illustrated by the chart below. The primary focus hence forth was to “position for a bullish spike higher”, that would CONFIRM the bear market low, and negate the secondary far less probable overshoot target of 5,700 to 6000. This occurred on Tuesday which saw the first of a series of BUY TRIGGERS both on the intraday charts and then on the Daily time frame charts that confirmed the preceding week’s bear market Low and set in motion the ...
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Buffett's Bite-Size Wisdom —
The Big Money 3/2/2009
Sometimes letters will bring succor when the numbers fail. Among the losers in the financial disaster of 2008 was Berskhire Hathaway , down 9.6 percent on the year. Though the company still beat the S&P 500 by a healthy 27.4 percentage points, ...
Down, Dow, Down! —
The Big Money 3/2/2009
I am a heretic, an economic masochist, a traitor to my industry and my country. When the Dow Jones Industrial Average starts falling, I hope it keeps falling. I am a man who roots for the stock market to go down.
Forgive me, capitalism, for I have ...
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