Here at Money Morning, Dr. Kent Moors and others have spoken often about how the coming liquefied natural gas (LNG) export boom will be a huge profit windfall for natural gas companies. LNG exports should begin in earnest from this country in 2015.
Elizabeth Warren (D-Mas.s) , John McCain (R-Ariz.), Maria Cantwell (D-Wash.), and Angus Kin (I-Maine) introduced legislation that would again separate bank’s traditional activities (like deposits currently backed by the Federal Deposit Insurance Corp.) from riskier activities like investment banking, insurance underwriting, swap dealing, and hedge funds.
The crisis of capitalism has not been resolved; it’s simply been papered over.
It is remarkable how the treasury market reversed the impact of Bernanke’s original hawkish comments made back in May (see post). A very similar daily move took place in the “belly” of the curve today with yields moving in the other direction.In spite …
http://www.engrish.com/2012/10/new-with-enhanced-browns/
Video from China.
The Canadian Royal Mounties now believe that the mile-long runaway oil train that killed 15 and left 35 people missing in a small Quebec town may have been an act of criminal negligence for failing to set the brakes properly. But the real criminal negligence is that oil from booming fracking operations in North Dakota […]
A big decline in China’s export numbers took analysts by surprise yesterday.
When Ben Bernanke speaks, the gold market listens – closely.
The Federal Reserve chairman’s comments late Wednesday that the central bank would continue its QE3 economic stimulus for now drove gold prices higher, and they’re likely to keep rising.
In 2013, Congress is expected to explore a number of tax reforms in order to address staggering deficits and a crippling $17 trillion in debt owed by the Federal government.
In spite of improvements in the housing market in the last couple of years, the trend away from “homeownership culture” in the US seems to be ongoing. This may be old news for some, but based on the quarterly data from the US Census Bureau, rental vacancies are around a decade low, …