I was out of commission for a few days fighting a stomach virus so it seems appropriate to review some of the recent market happenings.
The market got a bit of a growth scare last week as several economic data points seemed a bit weaker than expected. The Philly Fed Survey was much weaker than expected [...]
Max Singer has an article in the Weekly Standard about oil prices and predicts that oil will average $30/barrel over the next 50 years. Mr. Singer’s opinion carries some weight as he was one of the few who predicted lower prices in 1980 when the vast majority thought prices could only go higher.
The basic [...]
Apologies for the lack of posting recently. I’ve been under the weather with a nasty stomach virus. I’ll catch everyone up on recent market happenings in the next day or so.
For our clients who own Oracle Software, it’s nice to report that the company reported great earnings after the close yesterday and the stock surged over 11% today. Net Income was up 29% on a 30% increase in revenue. Larry Ellison seems to be proving his detractors wrong again. With the acquisitions he’s made over [...]
