Investors are what they read (AR). Thus you subscribe to Independent Stock Analysis. Unfortunately, I haven’t found a whole lot for today. But I’m committed to posting only worthwhile stuff.
“…suggests a definitive positive turning point in the global economy.” Later: “In fact, when the leading indicators start heading higher–and economies start growing–the expansion usually lasts for a median 12 month. That means this rally, could just be getting started, Ned Davis Research said.” Barron’s
5 Reasons to Remain Cyclically Bullish (Pragmatic Capitalism) and 6 Downside Market Risks (Pragmatic Capitalism).
Frank Holmes natural resources conference call. This will keep you busy for over an hour…
“Accelerating global energy efficiency means fuel use is rising far slower than prosperity, largely because Chinese industrial development is increasingly energy efficient, a study by oil company BP Plc found.” Reuters
“This supports our belief that Energy has been, and still is in a bull market relative to the S&P500.” All-Star Charts
Gasoline taxes are shrinking on the back of fuel efficiency and less driving. Daily Beast
FYI: The reverend-jim-bob Cramer from-the-church-of-what’s-working-now looks pessimistic on natural gas. CNBC
Hmmm: Seaway Pipeline No Panacea for Cushing’s Oil Glut at Econ Matters.
Future production from U.S. shale or tight oil at Econ Browser.
Number of the Week: Are U.S. Oil Imports Up or Down? WSJ
Markets are closed next Monday for Martin Luther King Jr. Day.