According to conventional wisdom the US oil boom is moving the country towards energy independence and even has the Saudis shaking in their boots. Ambrose Evans-Pritchard reported on a dire warning by a leading Saudi businessman today. Saudi Arabia and the Opec oil states must wean their economies off energy exports immediately or spiral into […]
Archive for July 29th, 2013
Who’s Supporting Whom For Fed Chairperson
Posted by Tom Lindmark on July 29th, 2013
The over-the-top punditry surrounding the choice of the next Fed chairperson is getting tiresome. Nevertheless, if you can’t get enough here’s a scorecard from the WSJ Real Time Economics Blog on who supports either Yellen or Summers. You can see from the tally that Yellen is the overwhelming choice which I take to mean that […]