Monthly Archives: January 2012
The Money Must Go Somewhere
In Friday’s issue of the Economic Prism we suggested that, despite all the financial uncertainty going on, the U.S. economy is strengthening. By the response we received, this optimism astonished many of our readers. Naturally, we thought that would be … Continue reading
Seeing the First Glimpse of Dawn
Here we are, just two weeks into the New Year, and things are looking up. So far on the year, the S&P 500’s up 2.9 percent, the Nasdaq’s up 2.5 percent, and gold’s up 3.1 percent. Even silver, if you … Continue reading
Kodak Moment for Uncle Sam
Dinosaurs must die. It’s a fact of life. Just ask Kodak. Last week, after 123-years in business, it was reported the dinosaur company is preparing to file for bankruptcy protection. By market close on Friday, the former blue chip’s stock … Continue reading
War Imminent in Straits of Hormuz? $200 a Barrel Oil?
War Imminent in Straits of Hormuz? $200 a Barrel Oil? [Editor’s note: Today we bring you a guest essay by John Daly detailing the burgeoning potential for conflict in the Persian Gulf and how this could impact oil prices. Reprinted … Continue reading
