Category Archives: Economy
Ventures Into Sophism
Last week, while everyone was busy watching the stock market wildly convulse about, something noteworthy occurred. Oil prices eclipsed $100 per barrel. Moreover, oil prices are up about 5 percent so far this year. “Oil futures rallied on Friday, tacking … Continue reading
Pray for Rain
Here in the Golden State everything’s brown. The hillsides are dry and the scrubland vegetation’s a giant tinderbox. Sierra snowpack is only 12 percent of normal…the lowest it’s ever been since California began keeping records in 1960. The wildfires don’t … Continue reading
Duct Tape Economics
The Labor Department laid a sulfurous egg last Friday. By their calculations, just 74,000 jobs were created in December. The pros thought it would be 200,000. What do they know? This marks the slightest increase since January 2011. Somehow, even … Continue reading
Global Cooling and Other Guesses for 2014
Today we break from the past, and leap over the present, to focus our attention on the 12 months ahead. There’s a New Year in front of us and we step into it with excitement and anticipation. What will 2014 … Continue reading
