Economy

Drowning in Oil: Why? And is it a Good Thing?

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There is an abundance of cheap oil around, which translates into cheap energy and gas. Will this have a positive or negative impact? Lets take a step back: The world oil supply is artificially high, which is pushing barrel prices to record lows. NYMEX closed at records low last Friday, trading $29.42 a barrel, the lowest price since Feb of … Read more

Weak Markets and Little Faith

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On Tuesday’s State of The Union Address,  President Obama touted of strong economic progress. I see the stock markets on a continuous decline, commodities are also doing the same, Oil is at record lows, Gold usually a safe bet for investors also down. Where is the economic boom that I keep hearing about? What I do see … Read more