Mar 28, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions


All Aboard!

Posted: 28 Mar 2010 07:00 AM PDT

For the better part of the last century, the United States led the industrialized nations through an unparalleled period of growth. These days, the only things in the developed world growing with any certainty are bureaucracies and the debts and deficits they invariably inflict upon those they were elected to serve.
After fifty years of credit expansion, the era of first world dominance is drawing to its climactic finale. And, as the characters turn and the plot twists, it is those in the … [visit site to read more]


Crude Oil Still Stuck At $80; Natural Gas Falls Below $4

Posted: 28 Mar 2010 05:01 AM PDT

Crude oil prices still found stubborn resistance above the $80-a-barrel level amid concerns about demand while natural gas continued its decline, to below $4 per million British thermal units, as burgeoning supply from unconventional sources depressed prices.

The natural gas Henry Hub benchmark futures settled Friday at a nearly six-month low of $3.87, down 31% so far this year from above $6 in January. Natural gas demand experiences a lull at this time of the year as warmer weather … [visit site to read more]


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