3 Reasons Why the U.S. Will Avoid a Recession Written By: Eben Esterhuizen 2008-04-06 21:45:08 It was refreshing to read Anatole Kaletsky's contrarian piece in Sunday's London Times, and it should be required reading for all investors. "I am probably the only economist left in the world who still believes that a U.S. recession is likely to be avoided," says Kaletsky. Given the massive amount of doom and gloom in the financial press, it's important to try to understand the contrarian argument.
Alternative Energy in 2008: Don't Send American Boys to Fight American Wars Written By: Eben Esterhuizen 2007-08-06 23:23:59 Crude oil prices dropped today by 4.5%, the most in seven months, as investors bet that U.S. summer fuel demand has peaked. Given the large size of speculative long positions in the market, further downward pressure in the short-term cannot be ruled out. The price of oil is one of the major factors in the valuation of alternative energy stocks. Higher oil prices increase demand for alternative energy, while lower oil prices could lead to investors questioning some of the lofty valuations in the sector.
