Trader T

Thursday Outlook: Commodities, Emerging Markets

Not a Black Swan event since this was a predictable and logical outcome of aggressive government intervention into the housing and financial markets. We will not recover until we get the arrogant and ignorant Congress out of the markets. I'm on the sidelines (CD's, bearish option plays) until I see less intervention by the government.

Tuesday Outlook: Commodities, Emerging Markets

I'm no fan of the Bush administration but we've had a sitting US Senator (Schumer) directly involved with causing a run on a bank. Where is the public outcry? Calls for censure? Calls for his resignation?

Oil Is Up Due to Fundamentals, Not Speculation

So China's consumption has increased 7.2% per year, and the reason NYMEX crude as increased over 100% is? That's right, speculation by the IB's and others. The market is not working.

Who's Really to Blame for Rising Oil?

Increase supply!
We need an intensive oil exploration and drilling effort off both coasts of the US, in the Gulf of Mexico, and Alaska. This effort needs to be as intensive as our program to put a man on the moon was.