Personal Income and Spending: Saving is the New Trend (Again) [View article]
The policies still dont support saving. I put money in a savings account and if I get $1 in interest the government wants 30% of this. So where is the incentive to save. I think we would start to truly save when the tax policies are revised I say get rid of capital gains tax and any taxes on interest earnings.
Oil Will Peak at $150-200 - Barron's Interview [View article]
This is so crazy I think these so called experts should keep their mouth shut. As we can see from Friday because of one report the price of oil went up by more than $10 for no reason I do not believe that there was any supply-demand reason for this increase. As each expert is putting out their estimate the traders are making sure that the price of oil is reaching these targets.
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Latest | Highest ratedPersonal Income and Spending: Saving is the New Trend (Again) [View article]
Carbon Allowance Futures Commence U.S. Trading [View article]
Oil Will Peak at $150-200 - Barron's Interview [View article]
I think these so called experts should keep their mouth shut. As we can see from Friday because of one report the price of oil went up by more than $10 for no reason I do not believe that there was any supply-demand reason for this increase. As each expert is putting out their estimate the traders are making sure that the price of oil is reaching these targets.