The Market, Energy, And Political Page, Part 2, T+81 -- November 2, 2018

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Title : The Market, Energy, And Political Page, Part 2, T+81 -- November 2, 2018
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The Market, Energy, And Political Page, Part 2, T+81 -- November 2, 2018

Politics: I generally won't engage in politics when I'm out and about, but I got a kick out of the comments made this morning. One gentleman was concerned about the deficit and the debt, commenting that the US has added another $1.2 trillion in debt this past fiscal year. I said the deficit and the debt no longer mattered. We'll see if I'm correct. I'm not saying that huge deficit spending and a huge US debt doesn't matter from a rational point of view. What I'm saying is that the majority of Americans don't care how bad the deficit gets or how deeply the US goes into debt. We'll know if I'm right following the midterm elections next week.

Hubbert curve revisited. Sent to me by a reader:



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