Tag: speculators

Markets – The Good, the Better, and the Just Plain Funny

Gotta be a market nerd first

  • T. Boone Pickens says speculators are scapegoats for recent oil price increases. Good because I noted it first.
  • Governor Brian Schweitzer says there is 10X the USGS survey of oil reserves in the Bakken, and he wants to drill for it. Better, because it’s a plus for the US and Montana economies, and Schweitzer owns a collie breed dog (making it hard not to believe and respect the man).
  • A black swan formation has appeared in the S&P. I’m reading The Black Swan right now, and was hoping I could relate. But this is just plain funny.