Wall Street Breakfast: Must-Know News [View article]
AndrewBaker makes me feel warm all over towards the toiling selfless bankers. Let's make sure that Hammerin' Hank Greenberg gets back in the game to finish to good work and maybe we ought to let Mozillo have a free pass too.
Wall Street Breakfast: Must-Know News [View article]
Thought it interesting that some pundits see oil between $50 and $80, link between oil & NG seems frayed. True, some nat gas producers are slowing down extraction, true PBR has a major oil field find which will ultimately increase supply, but I personally doubt the pundit's crystal balls. Decrease in US dependence on foreign oil, much of it coming from unfriendly nations, is going to be painful and not come overnight, but I strongly doubt we will see oil at $50 or even $80 and remain long PBR, WMB, EWZ and CHK with gradual add to these positions with what is left of my money.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]