For Green Investors, the Big “What If?”
Dec 31st, 2008 | By Irwin Greenstein | Category: Financial NewsAn article in the Wall Street Journal caught my eye, leading me to wonder if green investors may be crying the blues in 2009 and beyond.
An article in the Wall Street Journal caught my eye, leading me to wonder if green investors may be crying the blues in 2009 and beyond.
Just one day after Money Morning predicted that the U.S. Federal Reserve would soon be forced to increase interest rates, Dallas Fed President Richard W. Fisher said he expected the central bank would raise interest rates should inflationary pressures start causing severe consumer pain.
The inflationary reality that we as consumers have been living for months may finally be starting to dawn on the U.S. Federal Reserve.
Presidential hopeful Hillary Clinton is recasting herself as a crusader against Arab oil wealth and artificially inflated crude oil prices, vowing to “go right at OPEC.” From Politico.com:
“We’re going to go right at OPEC,” she said. “They can no longer be a cartel, a monopoly that get together once every couple of months in some conference room in some plush place in the world, they decide how much oil they’re going to produce and what price they’re going to put it at,” she told a crowd at a firehouse in Merrillville, IN.