Monthly Archives: December 2010

Gold Rush –

Gold broke the $1,400 mark in light trading on Tuesday.  The Gold rally took place in spite of an interest rate increase by China.  The rate hike was only 25 basis points but it could signal further increases in the near future.  … Continue reading

Posted in Currency, Interest Rates, Investments, Metals | Leave a comment

Renewable Energy Credits –

Bloomberg has an article on renewable energy credits that discusses their operation and lack of popularity.  Renewable energy credits have been a marginal public relations success but have failed to be a significant revenue generator.  To read the Bloomberg Markets … Continue reading

Posted in Alternative Energy, General, Infrastructure, Investments, Regulatory | Leave a comment

Congress Passes Tax Cuts –

Congress passed the bill to extend the Bush era tax cuts for another two years.  The bill also includes estate tax provisions that increase exemptions and address gift tax and generation skipping tax issues.  Today, the House voted 277-148 in support of the bill … Continue reading

Posted in Democrat, Economic News, General, Political News, Republican, Tax | Leave a comment

OPEC Maintains Output –

After meeting in Ecuador, OPEC announced that it is maintaining current production levels at slighlty less than 25 million barrels a day.  OPEC is comprised of 12 members and they account for almost 40% of the oil production in the world.  A … Continue reading

Posted in Economic News, Investments, Oil, OPEC, Options & Futures | Leave a comment

Fuel Inventories Rise –

The rise of gasoline inventory and distillate stocks  are driving the price of crude lower in trading.  Gasoline inventories increased 3.8 million barrels and distillates rose 2.2 million barrels.  Crude inventories fell 3.8 million barrels last week but that was mainly … Continue reading

Posted in Economic News, Gasoline, Investments, Oil, Options & Futures, Regulatory | Leave a comment

China Monetary Policy Shift –

China has announced a long awaited shift in monetary policy to help control inflation.  The shift to a prudent monetary policy may include higher interest rates some time time next year.  The higher rates should help to slow inflation and … Continue reading

Posted in Banking, Bonds, Currency, Economic News, Interest Rates, Regulatory | Leave a comment

Alliant Techsystems ATK –

Alliant Techsystems is an aerospace and defense company that has a line of smart weapons.  One smart weapon is the shoulder fired XM25 which has a range of 2,300 feet.  The weapon has been described as a game changer because it … Continue reading

Posted in Aerospace & Defense, Bonds, General, Stocks | Leave a comment