Crude-oil futures surged above their inflation-adjusted high Monday, climbing $2.08 to $103.92 a barrel in New York Mercantile Exchange trading, amid a weakening dollar and indications that OPEC is leaning against an increase in output. The previous high of $103.76, in January dollars, was set in April 1980.
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Thoughts and discussions in economics, finance and history, with focus on China's interactions with the global economy.
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2008
(431)
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March
(29)
- The Dollar and Credit Crunch
- Regulation overhaul by Paulson Jr.
- Yuan Exchagne Rate: Appreciation or Depreciation?
- China's stock market is cliff-diving
- Blackjack and investing
- Slump Moves From Wall St. to Main St.
- More bank regulation coming
- Paul Volcker on Charlie Rose
- Flight to Quality: 3m T-bill Reached 50-year Low
- The Fed's Dilemma
- Vicious Cycle: Bear & Lehman
- Summers on seriousness of current economic problem
- China inflation update
- Gold crossed $1000 mark
- Are we asking too much of monetary policy?
- Oh Boy, This Fed Is Innovative
- Something about CALPERS
- Feldstein's plan: no government bailout
- Decoupling, something new
- Fisher on market turmoil and monetary policy
- Recession is done deal
- Leveraging in our financial system
- What matters most for US Dollar?
- Roach: what have we learnt from Japan?
- Buffett's common-sense recession call
- Free Falling, No Easy Way Out?
- The next shoe to drop: commercial real estate
- Crude Tops Inflation-Adjusted All-time High
- How a Bubble Stayed Under the Radar
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March
(29)