Electric car sales are starting to get traction. Analytically, the numbers are showing growth. But you don’t need a spreadsheet to see the trend. Cars built by Tesla, BMW and others are turning heads at street corners – and turning investor sentiment too.
The price for a barrel of oil is dancing in and out of the $20 range, the first time since 2003. And the analyst chatter is reveling in its bearish tone, skeptical of any meaningful recovery anytime soon, even after today’s half-hearted OPEC announcement.
Some used to call it Black Gold. Back in the good ‘ol days of John Wayne, crude oil gushing from a well was a thing of value. These days, neither the black stuff nor gold is worth much. Both commodities have been clobbered in the market; oil down 50% from last year’s average; gold down […]
Ouch. The oil price war is hitting Canada hard. The near-term outlook looks unforgiving. Iran may be joining the fray on the supply side. Economic chaos in Greece and stock market convulsions in China are leaning on demand. It’s not clear whether we should turn to Plato or Confucius for wisdom.
