Profiteering in Oil Futures Made Easy (to Understand)
Let’s look at exactly what happened on Monday morning and what makes it is so suspicious.
This is hardly surprising. One out of every five homeowners owe more than their houses are worth. The real unemployment rate is over 16% and climbing. And banks are refusing to refinance sour loans, even with $50 billion from the Obama Administration. You can't unpop a bubble.
From the wires:
--d.f.