Oil prices Fri, 24 Oct 2008 16:07:56 +0000
Now that oil futures have dropped to less than half of their high of $140 per barrel we ought to look at price vs. consumption. It was only last May when the heads of the gas companies reported on Capitol Hill that the prices were the result of supply and demand. If that is true, we should expect to see a downtrend in consumption. Permalink: http://blog.grumet.net/2008/10/24/oil-prices
Rate cuts Wed, 08 Oct 2008 15:02:32 +0000
NYTimes: "The Federal Reserve, the European Central Bank and other central banks from Britain and Switzerland to Canada and China announced rate reductions within seconds of each other." Markets still down. Permalink: http://blog.grumet.net/2008/10/08/rate-cuts
Chicken Tue, 07 Oct 2008 05:55:41 +0000
Sitting on the plane today watching CNBC, I couldn't help but think the financial markets are engaging in a game of chicken with the Fed. Is it possible that things could finally shake out and start to turn around if the market knew that the rules have stopped shifting? Permalink: http://blog.grumet.net/2008/10/06/chicken
AC on the financial bailout Thu, 02 Oct 2008 16:34:54 +0000
Adam Curry is on fire in today's Daily Source Code. The subject? The financial bailout bill circulating in Washington. Lots of insights about the way the world really works, stuff that is not getting covered by the MSM. Permalink: http://blog.grumet.net/2008/10/02/ac-on-the-financial-bailout
Friendfeed Sun, 28 Sep 2008 05:43:50 +0000
Posting on FriendFeed is addictively easy. Sometimes I find myself wanting to post there because the entry form is so simple and the automatic behaviors so powerful. That ease and simplicity ought to be available right here in the blog tool. Permalink: http://blog.grumet.net/2008/09/27/friendfeed