Chevron ex-CEO sees U.S. oil imports for next 20 years - Yahoo! Finance

PALO ALTO, California #Reuters# - David O'Reilly, the former head of Chevron Corp #CVX#, believes the United States will be importing oil for at least the next two decades despite a recent surge in…


Now I know what they mean when they say 'euro trash'

Everyone thinks there will be some kind of stimulus  but I think this is becoming a sideshow to the real fact.  There is a global bank run underway. Stimulus will have no effect on that.  The 1…


Barron's 2012 Midyear Roundtable - Barrons.com

I read Barron's roundtable religiously.  It's the most interesting thing in the whole magazine and comes out twice per year.  Before I read it though, I print out the past recommendations and not…


If it's 2008 redux, there is one big difference. It's Summer not Fall.

Everyone is nervous about Europe.  Me too.  I have no way of knowing how much of this is already priced in the market.  You'd have to say a lot based on the violent reaction in the oil patch, some…


Gundlach, King of Bonds, interview with Bloomberg on May 18th

If you haven't seen this interview with Gundlach before it's worth a look.  He talks about financial repression, natural gas and his short on Apple.  


Silicon Valley Faces Private Sanity Check - WSJ.com

Silicon Valley Faces Private Sanity Check By ROLFE WINKLER A wave of sanity is washing over Silicon Valley after Facebook's FB +3.00% listing debacle, and that may be bad news for private companies…


Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout | ZeroHedge

Spain IS Greece After All: Here Are The Main Outstanding Items Following The Spanish Bailout Submitted by Tyler Durden on 06/09/2012 14:52 -0400 Bank Run Bond Bridgewater CDS Creditors European…


Ackman, Loeb, other hedge funds lose in May - CNBC

Ackman, Loeb, other hedge funds lose in May Published: Wednesday, 6 Jun 2012 | 6:44 PM ET Text Size   BOSTON/NEW YORK (Reuters) - May's stock market rout dealt a blow to many on Wall Street…


Form Worst To First - S&P Has Best Day Of 2012 Shortly After Worst | ZeroHedge

Form Worst To First - S&P Has Best Day Of 2012 Shortly After Worst Submitted by Tyler Durden on 06/06/2012 16:17 -0400 Ben Bernanke Copper High Yield Investment Grade SPY Three days after posting…


Reuters TV | Buffett: chance of double dip U.S. recession very low - Rough Cuts

No one has a better network than Warren Buffett so he is the economist I pay most attention to. Billionaire investor Warren Buffett, speaking to the Economic Club of Washington, said he believed the…