— How could he be buying Occidental, an oil stock, amid a waterfall decline in the commodity? — Everybody knows the greening of the world spells doom for fossil fuels or does it? — Former oil company bad behavior changes in the fight for self-preservation. — My conclusions: Buffett is not mad. Why would Mr. Buffett buy a dirty, cyclical oil…
Tag: Computerized stock trading
“Bond markets are sending one big global recession warning“
You have to be kidding me! This headline from CNBC greeted me this morning and appears to give us a significant reason for the Dow Jones, S&P and NASDAQ indices suffering a sharp decline today. It is just one more instance of media hype on two non-sure-things … a recession is imminent and that a…