Sino-US Relations (Updated)
Obama has slapped a 35% tariff on Chinese tires. They are retaliating with other small measures. Obama better be careful. If he angers the Chinese too much they may decide to stop buying US debt: the...
View ArticleShorting the US dollar
A Canadian friend told me that he was thinking about taking a long position in GE. It was at an all time low and evidently oversold at the time (under $7). I warned him that stocks held in US...
View ArticleThe Obama Dollar
I wrote back in January that Obama budget deficit would lead to inflation. Now finally financial writers are calling it the Obama dollar. In personal finances, debt is not a good thing unless properly...
View ArticleMarcellus disappoints
An important report from Oil Drum, published at the Business Insider, explains that the Marcellus shale play will not break even when natural gas is selling at less than $7/Mcf, as the result of faster...
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