Archive for the 'Energy' Category

Six Questions to ask your Advisor: Our Answers

Hedge Fund manager Doug Kass has some questions that clients should ask of their advisors. I should point out that everybody has a bad year, I assume we will have a point where we will have to ask these questions in a harsher light of ourselves. However, these questions can separate those who you might [...]

$200 OIL!

Goldman’s Murti Says Oil `Likely’ to Reach $150-$200
Do you remember when Murti was derided for making the call that oil was going to have a superspike? I do, and I was one of the skeptics, though only for a brief while.
Crude oil may rise to between $150 and $200 a barrel within two years as [...]

Consumer Spending is Ugly

While spending increased in March by 1.8% over a year ago, adjusted for inflation it was way down. The only reason sales were positive was gasoline, though food sales were positive. Even there, that is mostly due to inflation and rising prices of food and staples.