The United States Is Now The Worlds Largest Oil Producer, Yes…You Heard It Right

| October 30, 2013

So maybe this has something to do with the stock markets being so strong. It’s no secret that cheap oil is critical to long term growth in big economies like the United States. Reuters News: The U.S. has  surpassed Saudi Arabia as the biggest oil producer in the world. You read that correctly: “The jump in output […]

U.S. Budget Deficit Narrows To 5-Year Low On Record Revenue

| October 30, 2013

Surprised as we are, somehow we don’t think it was employment gains that powered this giant revenue collection….capital gains taxes would make more sense being that stock markets are at all time highs! Bloomberg: The U.S. posted its smallest budget deficit in five years as employment gains helped propel revenue to a record. Spending exceeded receipts […]

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