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Archive of entries posted on 24th February 2016

Yuch for equities. Saudi Arabia plays a game with oil.

Yuch for equities. Yuch for the banks’ loans to oil companies. Too many bad ones. Yuch for the British pound and the Euro. Think about a vacation there this summer. Cheap. Oil drops more. Saudi is trying to bankrupt U.S. oil producers. Its “brilliant” strategy will backfire. (Please.) Saudi Arabia’s oil minister says there won’t […]