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- Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
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- A Month of Seeing Red [view article]
- Major Asset Class 1, 3, 5, 10 & 15 Year Returns [view article]
- Portfolio Theory: The Unnatural Alternative? [view article]
- The Rising Risk of Emerging Markets [view article]
- Calendar Year Country Fund Returns: 1997-2007+ [view article]
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Recent IWV Articles
- No Present Tense in the Stock Market
- Mid-Year Report: Is a Summer Turn-around Still Possible?
- Russell 3000 Sheds Nearly $2 Trillion in Cap Value
- A Month of Seeing Red
- Portfolio Theory: The Unnatural Alternative?
- The Rising Risk of Emerging Markets
- Calendar Year Country Fund Returns: 1997-2007+
- The Importance of Major Asset Class Volatility Ranges
- Major Asset Class 1, 3, 5, 10 & 15 Year Returns
- Asset Class Review: April Was a Great Month
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Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
lksseven must be drinking a lot of that "Koolaid" if he believes what he just posted.Unfortunately the Democrats do not have a veto-proof majority. If they did we would not have had Senate Republicans halt a $32 billion package of tax breaks for renewable energy that would have been financed mostly by new taxes on big oil, on June 21, 2007. President Bush threatened to veto the final legislation because, he argued, it discouraged domestic oil and gas production, and increases the tax burden on the oil industry
Opening up ANWAR and the OCS is literally a drop in the bucket; not even a good stopgap measure. "Opening up offshore areas to oil exploration...might cut the price of gas by 3 to 4 cents a gallon at most, according to the Natural Resources Defense Council."
www.time.com/time/busi...
The right wing of the Republican party is only starting to talk the renewable talk because it is good politics. They don't have a history of walking the renewable walk.
The only way we'll stop sending $700 Billion of America's net worth EVERY YEAR to the oil exporters is to change the politics in Washington. Based on track record Republicans are for more of the same, which is hurting our economy.
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No Present Tense in the Stock Market [view article]
Good insight. Thanks for the reminder. ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
I do not agree that oil is rising due to speculation. There is certainly the law or supply and demand in effect; Anyone who can't see this must be blind. Also, there are so many trillions of USD sitting in far away places, earning nothing and seeing their buying power go down moment by moment. Is it not wiser to buy something you can use, whether it be iron, manganese, oil, wood, cement, anything is better than the USD ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
It's not the Republicans and it's not the Democrats, it's us. We want to hear a bedtime story, while sucking on a lolly pop and they give it to us while helping their friends sell us down the river. I'm sure sagesteve will continue to do fine, his sons will be in charge of the Chinese Reeducation Camps Corporation (Symbol CRCC in the SSE), Iksseven will be teaching Conversational Chinese and denying he ever liked Dick Cheney and Phil's mantra will be Nancy Who?I hope Phil is right and Americans refuse to use any more oil but that which is absolutely necessary during a break neck transition to all the alts mentioned, but I doubt it. We've become, fat and lazy, have an absurd feeling of entitlement and are ripe for any demagogue to lead us to perdition with reassuring fairy tales. Reply
Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
As investors can you blame President Bush or our Vice President Cheney or those almost billionaire Congressmen, who are all lawyers or at least a law degree as credentials....come on, get over the stripes of red, white, and blue, apple pies, chevys and kissing babys....that is for suckers.........just keep electing your own party member and the same ole congressman/woman/othe... in case of California and say it is everyone else party and congressmen who is the problem.....Go America.... ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
I think sagesteve is hilarious. I also think he's b.s.ing us just to get a rise, which he did. ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
sagesteve: money certainly doesn't buy wisdom as your behavior evidences. ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
BrunoT - a little slack pls, the 'k' and 'm' keys are so close...but all authors should proof-read or enter in MSWord with spellcheck.good article and discussion, btw. I am long AMAT and their SunFab tool...give them a year or two and $1/W will be old news. Reply
Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
Phil, you say "we don’t have an economic crisis in this country so much as a crisis of leadership. We already see new leaders rising to the challenge, people in Congress, people in Finance, ... are not going to sit idly by while the whole world falls apart and polls suggest the American people aren’t going to stand for it either." ...............Who, exactly, are the new leaders in Congress who are NOT sitting idly by ? What exactly have the "new leaders" (Phil-speak for "Democrats") in Congress accomplished in the last 2 years they've been in control? Which party is calling for drilling in the Outer Continental Shelf, in ANWR, and fast-tracking new nuclear power plants, new refineries, as well as big pushes in solar and wind? (hint - it isn't the Democrats). It's too bad Congress (both Democrats and Republicans) in 2001 didn't heed VP Cheney's energy plan - we'd be enjoying tremendous prosperity now, and much much lower oil prices, and much less dependence on foreign oil ... witness www.usatoday.com/news/...
Vice President Cheney offered a preview Monday of a Bush administration energy plan that will be long on increased development of domestic oil, natural gas and nuclear power, but short on conservation.
Also missing will be what he called "quick fixes which never fix anything": price controls, use of strategic reserves and new federal agencies.
Among Cheney's proposals:
• Increased domestic production of crude oil.
• Stepped-up construction of natural gas pipelines.
• Massive expansion of the electrical power grid.
• Renewed construction of nuclear, hydroelectric, oil- and coal-fired power plants.
Cheney, a former oil services company executive, called alternative fuels such as ethanol or solar power promising but still "years down the road."
He said the administration will push for oil drilling in the Arctic National Wildlife Refuge. He said advances in technology drastically reduce the risks of harming the environment. But getting that oil to market will likely be years down the road as well.
"As a country, we have demanded more and more energy. But we have not brought on line the supplies needed to meet that demand," the vice president said.
The plan was called "shortsighted&quo... and "leaning too heavily to the oil side" by Rep. Jerry Costello, D-Ill., a member of the House subcommittee on energy. "We need to conserve energy and explore alternative fuels such as ethanol and clean-coal technology."
Speaking in Toronto at an annual meeting of the Associated Press, Cheney outlined what may be the most ambitious energy plan since the late 1970s when President Carter promoted conservation to combat Arab oil embargoes.
Cheney said telling Americans to do more with less is not enough. "Conservation may be a sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy," he said.
Democrats and environmentalists say Cheney's energy plan is more about rewarding contributors to the Bush campaign. Reps. John Dingell of Michigan and Henry Waxman of California have asked federal Comptroller General David Walker to investigate whether private interests are influencing Cheney's Energy Task Force, which has been meeting in secret. Reply
Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
Blame the congress, the president, Republicans, big-oil?Come on. Grow up. The world is far too complex and competitive for any one group to create or manage this situation, let alone be able to change its course. The world changes; sometimes by a lot. This is one of those times.
You would all be better off to stop whining and lean to trade the short side. Reply
Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
sagesteve: Come the revolution, baby, up against the wall! ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
"we can always be dull and safe and make 20% a year"Yeah, that would be so boring, barely at a Warren Buffett level. Reply
Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
Phil - Have you read about King Hubbert and his peak oil theory? www.hubbertpeak.com/Hu.../ It doesn't sound like you have. King was a scientist, not a politician. Our civilization could have solved the energy crisis with conservation and ingenuity but we behaved like stupid sheep and let the oil industry and the Republicans convince us that cheap oil would last forever and there was no reason to change our wasteful ways. It's too late now. There is nothing anyone can do to make a dent in the 86 million barrels of oil that are used every day to fuel the 800 million motor vehicles that are on the road today. The problem with the price of oil is well documented, it's a declining resource and as such the price will go up for the rest of time and there is nothing anyone can do to stop it! Here are some events to watch out for in the near future: food riots, energy riots, death by freezing, hoarding of oil and coal, chaos and war. I think you should stop trading and put in some canned beans and ammo, things are going to get pretty nasty. ReplyMid-Year Report: Is a Summer Turn-around Still Possible? [view article]
It's not the speculators so much as the need to force change in the energy sector to alternative energy sources. Price can be driven by those that seek to gain from the evolution in order to gain a presence of this market share economy by providing alternative energy products.On a local level, sure, some can buy/sell heating oil and make mega bucks. Only, at the same time more home owners are switching to other sources for heat and heaving the oil burners... It's a scenario that is often repeated where local energy supply can better supplement the past standards of fossil fuels.
We might be on the verge of a conspiracy where the work place is compromised in order to keep more Dads’ at home. The more choice that is given to values and the cost of those values, then the means to attain them will be the efficiency sought. (energy tax credits and grants)
The mid-year report is good only left inconclusive. It fails to mention a target and the goal for the year. The positions have to lock on a goal to properly hedge the valuation of the work place in which they must earn their livelihoods or risk cost that are greater than the risk reward they are positioned within now.
How can a 42% return be applied to restructuring their company’s energy needs, and how much will restructuring cost, is the ultimate value of their investments return. Right now, based on today’s returns your energy dollars might see you through to next spring.
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Mid-Year Report: Is a Summer Turn-around Still Possible? [view article]
Thank you Bruno. I could have said that, but probably not as well Reply