Coasting Down the Mountain | October 8, 2022

Coasting Down the Mountain While you probably don’t read the financial news every day, if you did, I suspect that by this point you would be surmising that the Fed is a bunch of bumbling idiots. I’m here to tell you that they are not. They are incredibly bright individuals that probably have too much […]
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Is Energy Inflation Tamed? | September 10, 2022

Is Energy Inflation Tamed? Spot WTI crude prices are down about 29% from the Ukraine Invasion peak back in March. Retail gasoline prices have come down about 25% from the peak earlier this year and diesel prices are down almost 13% from the peak. Those are all very meaningful declines, but all three are still […]
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Don’t Count Your Chickens… | August 14, 2021

Don’t Count Your Chickens… There was a lot of talk about infrastructure this week and much of it was rather confusing. First the Senate passed the $1 trillion bi-partisan infrastructure bill, which addresses traditional infrastructure spending, like roads, bridges, broadband, community redevelopment, etc. That was followed shortly thereafter by passage of a $3.5 trillion budget […]
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Is Big Oil Dead? | June 5, 2021

Is Big Oil Dead? Energy stocks have been on a tear in 2021 as the economy re-opens. The Biden Administration is pushing hard for Green Technology. Ironically, that could make oil and gas reserves more valuable. The best performing sector this year has been energy, rising almost 6% this week alone and 47% YTD, as […]
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