You have to love our Fed Chairman who said "we are attentive...to the value of the dollar and will continue to formulate policy to guard against risks to our dual mandate to foster both maximum employment and price stability. Our commitment to our dual objectives will help insure the dollar is strong." I think he said he was worried about the dollar but then he wasn't worried about the dollar. I know I am worried about the value of the dollar as no country I am aware of has ever debased their currency to lasting prosperity. Read More
As the price of oil hovered above $64 a barrel Tuesday, Barclays made sweeping changes to its price targets and ratings for some of the biggest players in the crude industry. Read More
Energy companies are a good place for investors to put their money, because the spike in oil prices has not been matched by share prices, Bob Doll, vice-chairman and Chief Investment Officer of global equities at BlackRock, told CNBC. Read More