My decision to short oil, announced to subscribers in last Sunday’s Kelly Letter, sparked controversy. The letter has maintained an interest in bargain-priced oil companies for years, so to short the price of the commodity appears to some to be a contradiction. It’s not. Oil majors are proven good investments through various oil-price environments. Oil […]
Category Archives: Finance at First Light
Oil Angles
Good morning! Let’s explore ways to profit off high oil prices: ______________________________ OVERVIEW Benefit From Even Higher Oil Prices | If oil country unrest worsens, the price of oil will rise further and so will these investments. Benefit From Interest in Alternative Energy | Expensive oil always reinvigorates the alternative energy sector, and these investments […]
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Debt D-Day, Economy, and iPad 2
Good morning! ______________________________ OVERVIEW Is June 30 America’s Debt D-Day? | Pimco’s Bill Gross thinks so because it’s when the Fed stops buying Treasuries and we see if anybody else steps forward. The Economy Keeps Improving | The Federal Reserve’s Beige Book reported that economic activity continued expanding in early 2011. Apple Extends Its Lead […]
Deficit, Housing, and Crash 2011
Good morning! ______________________________ OVERVIEW $1.4T Deficit is No. 1 Economic Threat | Economists think it’s worse than high unemployment and the risk of inflation or deflation. Housing Prices Falling | The Case-Shiller Index of home prices is down 3.7 percent in six months, and probably has farther to fall. Market Crash 2011 | Bears say […]
Also posted in Real Estate, Stock Market Forecasts, US Economy, US politics
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Expensive Oil and the Economy
Good morning! Here’s what you need to know: ______________________________ OVERVIEW Oil Prices Hit $100 | Mideast contagion fear has sent crude prices to $100. Might Endanger Economy | Some analysts say expensive oil could stop the recovery in its tracks; others aren’t nearly as worried. Real Risk is Contagion | So far, the Mideast uprisings […]
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