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Your Oil And Gas Stocks Just Got Some Really Bad News Out Of Norway
Well, watch your oil and gas stocks on Thursday because there is some "big league" news out of Norway this morning.
We've spilled all kinds of digital ink this year discussing the country's mammoth SWF, which manages some $1 trillion and owns 1% of global equities.
As oil prices declined, Norway began to take money out of the fund for the first time ever last year in order to plug budget gaps.
Well, between that and the fact that ZIRP and NIRP make the fixed income side of the p
Good info. I wouldn’t have shown my hand personally.
Your point is well taken – which you have constantly made for over a year. No one knows the risks. Green span started making that same statement in the late 90’s with re to derivatives.
And I thought I could hide in the midstream space……