Phil McPherson: Go West for Oil

The new California gold rush is about black gold, not the yellow variety. At least that’s where Global Hunter Securities Partner and Senior Analyst Phil McPherson is looking for his edge in exploration and production. He’s also finding names in Bakken and Colombia that may have been forgotten (or just plain misunderstood) by . . . → Read More: Phil McPherson: Go West for Oil

Discounting the Singularity

If you want to read the one news article that you didn’t see which covers the single most important development that will shape future of the City of Pittsburgh over the next couple of deades??  and as collateral damage a whole lot of other local public finance as well.   Then take a scan at least of this . . . → Read More: Discounting the Singularity

You Can Always Count On Politicians

To lie, that is:

President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.

“I cannot guarantee that those checks go out on August 3rd if we . . . → Read More: You Can Always Count On Politicians

Economic Events on July 15, 2011

At 8:30 AM EDT, the Consumer Price Index report for June will be released.  The consensus is that CPI decreased by 0.2% last month, and there was a 0.2% increase in CPI when food and energy are removed.

At 8:30 AM EDT, the Empire State manufacturing index for July will be released.  The consensus . . . → Read More: Economic Events on July 15, 2011