Posted By:Stephen Schork, Editor, The Schork ReportCNBC Guest Blog
Demand, not only for gasoline, but for other major products markets as well, is going the wrong way... Thus, Big Oil is straining under the weight of poor margins, writes Stephen Schork. Read More
Ah, we're back to the Good Old Days...of last week. Stock futures have been higher all night...the dollar is down after a two-day rally, the Shanghai Composite Index has rallied 1.7 percent after dropping 5 percent yesterday after the People's Bank of China assured investors that they would keep a relatively loose monetary policy, commodities are rallying...initial jobless claims were about inline with expectations. Read More
When it came time to do another documentary, I knew that NASCAR was going to be it. It’s a sport with a huge fan following that is most exposed to the economic downturn. Read More