Biden’s Big Mistake = New Oil Bull Market
Due to a set of strange circumstances, the U.S. government has locked itself into buying American oil at a specific price no matter what happens. That’s great news for energy stocks.
Posted by Michael Carr | Dec 19, 2022 | Investing
Due to a set of strange circumstances, the U.S. government has locked itself into buying American oil at a specific price no matter what happens. That’s great news for energy stocks.
Posted by Michael Carr | Dec 13, 2022 | Economy
Retailers have way too much inventory on hand. Watch out for huge post-holiday sales, but don’t expect prices to stay low for long.
Posted by Michael Carr | Dec 6, 2022 | Markets
Oil drives the economy, and certain facts explain how gains in energy prices have outpaced broad inflation indexes.
Posted by Michael Carr | Nov 29, 2022 | Chart of the Day, Markets
The Federal Reserve is reducing its balance sheet. It’s a bad omen for the stock market as investors react by selling shares.
Posted by Michael Carr | Nov 27, 2022 | Chart of the Day, Economy
Recent retail sales data was greeted with relief by analysts. But consumer are racking up credit card debt in the process. That’s a bad sign.
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