All good things must come to an end, the saying goes. Don’t know who coined it, but, sadly, person was right. My vacation is over, just got home lat night. Funny thing about vacation is you take it in order to rest, recharge batteries, but when it’s over you feel more tired than before. This [...]

Another strange story of unauthorized trading for a large commercial institution, this time from London. PVM Oil Associates announced that price spike, which pushed price of oil to the highest level this year on Tuesday, was caused by extremely large trade by one of their brokers. Details are a little sketchy, but it appears that 8000-9000 [...]

President Obama expressed concern about unemployment. He said “what we are still seeing is too many jobs lost”. He should be concerned. His election pledge was to create 3 Million new jobs. That’s why the $780 Billion stimulus package was needed. So far it doesn’t look like money well spent- not only no new jobs [...]