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Monthly Archives: September 2013
Could This Be the Next Bakken?
Could This Be the Next Bakken? By Marin Katusa, Chief Energy Investment Strategist Everyone is looking to make the “Big Score” in the resource sector—that one special discovery that is not just elephant- but brontosaurus-size: big enough to put you … Continue reading
Posted in Marin Katusa, Politics
Tagged bakken, exploration, mining, oil prices, resources
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The Economic Recovery that Never Was
“There are three kinds of lies,” observed Mark Twain. “Lies, damned lies, and statistics.” Perhaps Twain had government economic reports in mind when he made his famous quip. For example, a quick glance at the headline unemployment numbers published Friday … Continue reading
Posted in MN Gordon, Stock Market
Tagged collapse, federal reserve, jobs, labor department, mark twain, tapering
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Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading
Posted in Economy, MN Gordon
Tagged bubble, construction, consumers, manufacturing, saving, spending
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Secrets of the September Swoon
Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy. Here at the Economic Prism we did nothing of the sort. Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading