My 15 year old son and I went to the NY Hedge Fund Roundtable event on the energy sector at the Penn Club last week. It's good to have your children see you perform. The discussion surrounded the price of oil, LNG and the impact Elon Musk is having on the oil industry.
Stephen Schork of the Schork report was the standout personality of the panel (buyside vs sellside panelists) basically echoing what yours truly has been telling you.
With oil losing some of its euphoric oomph overnight, following the API report of a surge in US oil inventories, and a subsequent report that Iran's oil minister would skip the Doha OPEC meeting altogether, the global stock rally needed another catalyst to maintain the levitation.
Authored by George Soros, originally posted at NYBooks.com,
The asylum policy that emerged from last month’s EU-Turkey negotiations - and that has already resulted in the deportation of hundreds of asylum seekers from Greece to Turkey - has four fundamental flaws.
First, the policy is not truly European; it was negotiated with Turkey and imposed on the EU by German Chancellor Angela Merkel.
Second, it is severely underfunded.
Voters are returning their pro-EU leaflets back to Downing Street after it emerged that the Government is spending nearly £10 million of the tax payers money on a propaganda blitz. Angry taxpayers across the country are already returning EU “propaganda” leaflets in protest against David Cameron’s decision to post them out to every home in Britain at their own expense. The Daily Express reports: UKIP leader Nigel Farage has called on the public to return leaflets saying: “I hope millions of those who receive Government’s pro-EU booklet return to sender, back to Downing Street.