Don't follow Fox News, I read and saw where this weekend the Supreme Court issued 9-0 decision limiting DEI by lowering the bar to sue companies.
https://www.forbes.com/sites/michelletravis/2024/04/18/supreme-court-expands-employer-risk-of-discrimination-claims/?sh=34f2e1133e79
Wonder how...
Well, Well.... ( a little pun there). Oil making solid moves.
Moves from oil producers to hold back and make sure they are supplied making a few waves in the market.
SPR still unfilled. Now we are at prices that are at / above some of the releases (money losers).
I have totally lost faith in government data, especially employment numbers. I think we are flying blind and headed right for the mountainside of stagflation.
Been there and honestly what I saw was only essentials get protected.
Why is this political? Both political parties are filled with people who don't get it.
As far as production goes we need more so that we are not dependent on Canada and can continue to export to Mexico. The best policy will be a North American production surplus. This allows resources from...
U.S. energy firm CNX Resources said on Tuesday it expects lower production volumes in 2024 as it is delaying some well completion activities amid weak natural gas prices. https://nasdaq.com/articles/cnx-resources-delays-some-production-activities-expects-decline-in-volumes
Low Prices fix low...
1. See Iran and Russian sanctions.. Energy always finds a willing buyer at a reduced price. I think the real potential for sanctions working are in the area of tech and drilling at which the US excels but price caps etc have little effect.
.
9. See Chesapeake and EQT throttling back. I think...
Oil / Nat Gas are so much more complex than people think. Headlines try to make something complex simple, here are some facts.
Oil is fungible so sanctions never work
Our independence is based solely on our coal exports ( yes they include them) which offset our oil imports
We do not have...
Measles vaccine was in 1963 and combined in MMR by 1967.
I was born earlier and got the measles, no ill effects except I was drawn to TI...
Kids today get over 72 doses by 5.... My wonder is by challenging the immune system do we create other issues... FYI the added vaccine regiment mirrors...
So when you chain link inflation market hasn't moved near as much as you think. With low inflation a 10% move in the market is fine when you have 6-7% average inflation you need a lot more return, but what do we old farts know... lived through in 70's 80's and beyond... etc. See my post above ....
Record Loan Debt
Record Car Debt
Car Repo's Rising
Housing affordability at lowest since 1995
Record number of people working two jobs
Massive Commercial Credit Issues in Regional Banks
Record Federal Debt without even counting all the unfunded liabilities
Yeah, it's all good for the top 10-15%...