Category Archives: Economic News

Dollar May Get Crushed –

Posted on 22. September 2008 by Jim Sutliff

The $700 billion dollar bailout may end up crushing the dollar.  The dollar has already taken a pounding over the last year and can expect more decreases in the near future.  The bailout will have the effect of weakening the … Continue reading →

Posted in Banking, Currency, Economic News, Gasoline, General, Investments, Oil | Leave a comment

Commodity Investors Pull Funds –

Posted on 10. September 2008 by Jim Sutliff

Commodity investors pulled more than $39 million dollars out of the market since July.  This has helped to send oil into a free fall to almost $100 dollars a barrel.  Oil prices have caused investigators to watch the market more closely … Continue reading →

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

Russian Aggression & Lower Dollar –

Posted on 21. August 2008 by Jim Sutliff

Oil is yet again on the march upward.  Oil broke the $120 mark after rising over $6 in early morning trading.  A lower dollar helped a charge that was fueled by concerns over Russian aggression. To view a related article, … Continue reading →

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

CME & NYMEX Approve Merger –

Posted on 19. August 2008 by Jim Sutliff

CME and Nymex shareholders voted to approve the merger.  CME is the world’s largest derivative exchange and NYMEX is the energy and metals market.  To view a related article, please click here: http://www.forbes.com/topstories/feeds/reuters/2008/08/18/2008-08-18T204808Z_01_N18475834_RTRIDST_0_CME-NYMEX-VOTE-URGENT.html James Sutliff

Posted in Banking, Currency, Economic News, Investments, Metals, Natural Gas, Oil, Options & Futures, Regulatory | Leave a comment

Retailers Rise –

Posted on 11. August 2008 by Jim Sutliff

Oil jumped as much as four dollars today due to an inventory surpise and a weaker dollar.  Crude oil inventories fell 400,000 barrels and gasoline stocks fell 6.4 million barrels.  These numbers were not in line with expectations.  The weaker … Continue reading →

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

Stocks Gain As Oil Drops –

Posted on 9. August 2008 by Jim Sutliff

Stocks posted big gains on the heels of much lower oil prices.  Oil fell almost $5 again today which is due to the bleak economic outlook.  Oil traders make money from volatily so more price swings should be expected.  The … Continue reading →

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

Solar Power At Night –

Posted on 7. August 2008 by Jim Sutliff

Researchers have made an important discovery in the field of solar power.  Further development is needed but the findings indicate that it may be possible to better store solar power so that it can be used at night as well … Continue reading →

Posted in Alternative Energy, Economic News, Education, Investments, Private Equity, Regulatory, Venture Capital | Leave a comment

Crude And Copper Lead Slide –

Posted on 5. August 2008 by Jim Sutliff

Prices for crude oil and copper led to a slide in the commodities segment.  Crude oil was down almost $3 which is an additional decline from the slide it took on Monday. To view a related article, please click here: http://www.bloomberg.com/apps/news?pid=20601213&sid=atQu9RDynR1g&refer=home … Continue reading →

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

Auction Rate Securities –

Posted on 2. August 2008 by Jim Sutliff

For investors with funds in Citibank associated with auction rate securities there is reason to watch the news.  New York State Attorney General Coumo is said to be preparing charges against Citibank for fraud in marketing and sales. To view … Continue reading →

Posted in Banking, Bonds, Economic News, Investments | Leave a comment

$10 Dollar Decline –

Posted on 15. July 2008 by Jim Sutliff

Oil Tumbled $10 dollars on a weaker dollar and statements by Bernanke.  Much of the decline came from program trading when oil fell below $140.  The price has rebounded a bit but is still down almost $7 dollars for the … Continue reading →

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

After Hours –

Posted on 13. July 2008 by Jim Sutliff

Oil falls slightly in after hours trading due to news from Paulson.  The perceived support of Freddie Mac and Fannie Mae helped to ease oil prices but it should be pointed out that trading is very light.  Once the week … Continue reading →

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

Commodities Bubble?

Posted on 30. June 2008 by Jim Sutliff

Commodities are heading for a bubble burst?  That’s what some analysts are saying after watching the sector have the best first half since 1973.  Investors should keep in mind that trading has a great deal to do with the current … Continue reading →

Posted in Economic News, Gasoline, Hedge Funds, Investments, Natural Gas, Oil, Options & Futures, Private Equity | Leave a comment

Saudi Oil Field To Open –

Posted on 29. June 2008 by Jim Sutliff

Another Saudi oil field is ecpected to open by the end of 2009.  The production from the new field will increase the Saudi output by over 1 million barrels a day. To view a related article, please click here: http://biz.yahoo.com/ap/080629/saudi_giant_oil_field.html … Continue reading →

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

Money Moves To Commodities –

Posted on 24. June 2008 by Jim Sutliff

One publisher indicated that he believed that money would continue to move into commodities and away from stocks.  This statement was made at a recent conference of Japanese investors.  The reasoning included a prediction of higher inflation rates and greater returns … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Investments, Natural Gas, Oil, Options & Futures, Stocks | Leave a comment

Oil Tumbles –

Posted on 19. June 2008 by Jim Sutliff

Oil takes a nosedive of almost $5 dollars today.  The decline is a reaction to the news that China is hiking energy costs.  This move is likely to lower demand in a part of the world that is rapidly expanding. … Continue reading →

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