The Obama administration just released its inaugural Quadrennial Energy Review (QER). Here’s what it missed.
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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments … Continue reading →
Well, maybe Amazon is the greatest thing since sliced bread, but that doesn’t explain how it gained $25 billion of market cap overnight after reporting another losing quarter. Give all the credit you want to its web services business——a newly disclosed but decade old operation with scads of competent competitors and which sports a modest $6 billion run rate…
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Lee Adler goes behind the paper curtain of Wall Street propaganda to strip away the media hype and hysteria around the financial news headlines to show you the actual facts. With economic data whipsawing wildly, this week he focuses on the trend of actual data to reveal whether anything has changed that would cause the outlook to change. The answer probably won’t surprise you. Subscribers may click here to open or right click to download this video and play in your media player.
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Today’s RFWS was absolutely outstanding. (I’m glad I actually watched this one rather than just listening while running.) When it comes to financial journalism, Lee, you remain an island of sanity in a huge sea of crap. Thanks.
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The Federal Housing Administration (FHA) is sometimes maligned by critics as being “predatory.” I understand the private mortgage insurers (PMI) want to get back into the game and reduce the share of government mortgages insurers like the FHA, Fannie Mae and Freddie Mac. But calling the FHA predatory is downright bizarre. How about a little […]
Gold is stuck between converging lines of resistance and support.
Cycle screening data strengthened modestly on Thursday. While moving in a bullish direction, the overall pattern remains narrowly mixed.
An old friend of ours who was a brilliant support and resistance trader was of the opinion that the more often support or resistance is tested, the weaker it becomes. The 2115 area has been tested repeatedly over the past 7 weeks. Will it continue to hold off the relentless buying?