Latest Story

Lower Oil Boost Prospecet for Global Growth

HIGHLIGHTS World economy is forecast to expand by close to 3 per cent this year and 3.2 per cent in 2016. Most of the world’s major economies import millions of barrels of oil per day, including the United States, Europe, Japan, China, and India, and benefit from the decline in world oil prices. The U.S. economy is set to expand…

Read more »

Caterpillar (CAT) Investment For Your Portfolio

Caterpillar (CAT) Investment For Your Portfolio

As much as I love getting into and out of a trade (ASAP) making a small but quick profit, who doesn’t, I also focus on the other part of my portfolio which is directed to investment only.  And as any investment, long term period, my…

Read more »

BuyBacks Are Just Wall Street’s Dubious Scams

BuyBacks Are Just Wall Street’s Dubious Scams

Automaker General Motors recently made a bit of splash by announcing a $5 billion stock repurchase program. Investors initially seemed pleased, the one day pop that General Motors stock enjoyed on Monday.  But should they be so optimistic? For starters, its worth noting that the…

Read more »

Crude Oil at $10

Crude oil bears are getting even more bearish with some now calling for oil at $10 a barrel. Yet many of these exceedingly bearish calls are coming after many missed the majority of the downside move in the first place. They point to sluggish global demand and…

Read more »

E-log Mandates Delayed….Again

According to Department of Transportation the projected publication date for the Final Rule to mandate use of electronic logging devices by all drivers required to keep records of duty status has been pushed back (yet again) to November 9. The DOT has yo yo’ed  on…

Read more »

Latest Financial News

Mortgage Rates