The Chart of the week is courtesy Gary Gordon via seeking alpha and shows the Cresmont P/E ratio of the S & P 500. The ratio is currently at well over 2 standard deviations over the mean much like in 1930, 2000, and 2008 when the market experienced substantial sell offs. Will it be any different this time around?
U.S. Oil And Gas Production Are Ahead Of Last Year’s Record Pace
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Last year marked a record for U.S. oil production with daily production of
12.93 million barrels per day (BPD). This year, production is running ahead
of t...
24 minutes ago