That notion and the diselusion of the cartel are rattling in a way that nobody could predict. Dow going and s p shrinking and on a day when the price of oil fell to a low and then a 17 year low. We have to talk about this. You you know that i have been saying how the market is in crazy town. A place where good news is bad news, and we did have a nice change of this on friday and we rallied. Today however, perhaps the best news that could happen to the consumer aside from the tax cut which your never going to get. A further giant decline in the price of something that we all spend a lot of money on. Energy is having the usual stock market. Some of it goes with exxon and chevron. She have seen people get crushed because they bought them in yields. Many of them cannot be maintained. Many will have to be cut. Some will be eliminated. Worst of all, we have seen the stunning decline in s ps. Thats a group for the outside distribution and in part that the guys and the groups finished with ope
Consumer aside from the tax cut which your never going to get. A further giant decline in the price of something that we all spend a lot of money on. Energy is having the usual horrendous impact on the entire stock market. Some of it goes with exxon and chevron. She have seen people get crushed because they bought them in yields. Many of them cannot be maintained. Many will have to be cut. Some will be eliminated. Worst of all, we have seen the stunning decline in s ps. Thats a group for the outside distribution and in part that the guys and the groups finished with opec no longer trying to curve the production and causing lack of demand and pipelines and also falling apart in park because Kendra Morgan the huge Pipeline Company has a stock thats falling apart. Notice that i did not say morgan and thats not ml p is falling apart, but the stock is getting killed. For many that own shares in the gigantic corporation, thats all that matters. You probably dont care that the bonds rallied t
That notion and the diselusion of the cartel are rattling in a way that nobody could predict. Dow going and s p shrinking and on a day when the price of oil fell to a low and then a 17 year low. We have to talk about this. You you know that i have been saying how the market is in crazy town. A place where good news is bad news, and we did have a nice change of this on friday and we rallied. Today however, perhaps the best news that could happen to the consumer aside from the tax cut which your never going to get. A further giant decline in the price of something that we all spend a lot of money on. Energy is having the usual horrendous impact on the entire some of it goes with exxon and chevron. She have seen people get crushed because they bought them in yields. Many of them cannot be maintained. Many will have to be cut. Some will be eliminated. Worst of all, we have seen the stunning decline in s ps. Thats a group for the outside distribution and in part that the guys and the groups
Stomping on the flag as a former free speech. We will cover it all, Varney Company is about to begin. We will start as we always do looking at Dow Jones Industrial calling it dead flat been there for couple of months. Disney touching lifetime high this companys firing an all cylinders and despite those astronomical prices people are spend big bucks at the theme park look at it go. 111 for disney. Panera jumping on other begannic banged wagon removing official ingredients from its menu. Hit 60 dollars barrel a five month high. You know what that means . Gas keeps on going up another two, now National Average is 2. 62, and we have the price of regular gasoline now going up 21 straight days. Three weeks up straight up for gas. Where is cheapest in the land you may well ask . I will tell you. A dollar 89 at the right there in jarrett in virginia. You. Look what is beginning on with netflix. It just hit an all time high as of now, it is up another 3. 7 that is a 20 dollar gain from netflix.
And indirectly led to a tyranny of exports. Lets call it that technocratic approach to Economic Development it is the idea that poverty is really just a set of technical problems. For example, from malaria there are a variety of Technical Solutions. One of them is bring at chemical called pyrethrum on the walls of peoples houses, on the inside of walls. That is a solution. Helps fight malaria. Another technical solution might be to convert land to higher value uses like food scraps that have low value to the great products that have higher value. Now let me tell you why the technical approach seems so appealing, so straightforward, so uncontroversial, might in fact be not quite ready. Here is the story. This is not a happy story. This is not like do not think of this has the runup to the punch line to a joke. I will try to work some and later, but this is not the happy part of the talk im afraid. On the morning of that urey 28, 2010, the villagers of that the gun that district or in ch