Expect Oil to Rebound
Right now, I am incredibly uncomfortable. I’ve set up shop in a tyre repair service centre. It seems my car found a stray nail on the road yesterday. Today, I woke up to a half-inflated tyre. So here I sit, in the front of a tyre repair shop, on a couch made for humans much smaller than I. Adding insult to injury, I am opposite a petrol station. The current price is $1.19 per litre. There’s a line of cars leading to the road.
The market’s dynamic beast
Before we dive in to today’s reckoning, let’s start where we left off… Yesterday, I told you I’m leaving the Daily Reckoning Australia to start up[...]
A Freeze Coming to the Fossil Fuel Industry
And up they go again. US stocks have broken out into all-time highs again in overnight trade. This could set the stage for a nice[...]