Pennies From Heaven Exxon There’s a gas station in my neighborhood that’s been lowering the price of gas in 2¢ increments every few days for the last week. So, first the posted price was $3.89 per gallon, then it was $3.87, then $3.85, then $3.83. Which is certainly interesting, given that the current price of a barrel...Read More
Three Reasons Investors Are in a Funk Gauging from investors’ current bleak mood, you’d guess that the Dow Jones was down horrifically — to 6,000 or 7,000 or even lower. Instead, while recent volatility has admittedly been through the roof, the Dow has “only” dropped to just below 11,000, as of this morning. That’s less than 15%...Read More
