Is the commodity bull market over?
After a recent decline of more than 23% in the Goldman Sachs Commodity Index, that question is on the minds of many investors, like us, who have benefited from higher commodity prices.
Oil is down from $147 to about $114 in the last month, natural gas down 40%, corn down almost [...]

In less than one month, oil prices have fallen nearly 22%. This drop happened during a period when our legislators accomplished exactly nothing of importance that could account for the fall. President Bush lifted the Presidential moratorium on offhsore drilling but that action will have no effect unless Congress follows suit. Most likely the fall has nothing to do with [...]

In 1976, Howard Beale, a character in the movie Network, urged Americans to get up, go to their windows, open them and yell out, “I’m mad as hell and I’m not going to take this anymore!” The preamble to Beale’s speech chronicles the problems of the 1970s: inflation, a falling dollar, unemployment, environmental degradation and [...]