Goldman Sachs analysts must be smoking some good stuff as the investment bank reiterated its call less than a week ago for $130 per barrel of Brent Oil and $97.5 for WTI citing tight supplies in 2012. While we stand on the edge of a default AND a recession I would have imagined forecasts calling more for like $70 oil for both WTI and Brent.
The Greek crisis continues and all the political inaction is making things worse. The European political dysfunction dwarfs whatever we saw from the US for the budget crisis. How far will they let it go before some real action is taken?
PS. I am trying out a new anti-spam plugin, if your comment doesn’t show please drop me a note.
Economic Roundup
Euro Banks Head Towards Another Meltdown
A Rough 10 Years For The Middle Class
China, Japan Say Europe Must Fix Own Debt Crisis
Preparations for Greek Default Gathering Steam
Bernanke Has Few Tools to Heal Economy
Blog Roundup
The Biggest Unknown Risk of Stock Investing. (Invest It Wisely)
Using PayPal To Send Money? The Deal Just Got Sweeter! (Money Cone)
Revisiting why I DRIP (My Own Advisor)
Centavos Model Portfolio: The market, it burnsssss ussss.. (101 Centavos)
When is a Home Purchase Considered a Smart Investment? (My Journey to Millions)
Day Trading Using Leading Technical Indicators (Invest in the Markets)
The Safest High Dividend Yields on US Markets (Intelligent Speculator)
How to Learn DIY Investing (DIY Investor)
It Must Be Free Money Week! (Cash Flow Mantra)
Have a great weekend!
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