Intelligent discussion here worth watching. I think it’s obvious where I stand.

…That the U.S. Oil Lobby Doesn’t See Coming By Kent Moors, Ph.D Contributing Editor Money Morning John Felmy has been the chief economist of the American Petroleum Institute (API) for years. He’s well respected. And I appreciate his experience. But the two of us disagree more often these days. We most recently locked horns at [...]

I remember a month ago I was waiting for the Nasdaq to complete a head and shoulder pattern that never materialized. Tonight as I was going through a few charts this reverse head and shoulder bullish pattern stood out in the most obvious way. For the simple fact that everyone else is looking at the [...]

By Jon D. Markman Contributing Writer Money Morning While American investors were busy enjoying their Thanksgiving dinners, global markets were shaken by word that Dubai asked for a payment holiday on the $59 billion it owes via its investment vehicle, Dubai World. The move, which comes as oversized bets on Persian Gulf real estate sour, [...]