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Yemen

Crackerbox Palace: Crude oil up over 5 percent Friday

WASHINGTON, Aug. 27, 2015 – This week, for some mysterious reason, our ears have been ringing with the strains of that weirdly affable 1976 George Harrison classic tune, “Crackerbox Palace.” Was George referring to an insane asylum in this song? No one’s quite sure. But given this week’s trading action on Wall Street, maybe George ...

Negative Tuesday for stocks as world awaits some actual news

WASHINGTON, April 21, 2015 – Short column today, mainly because trading is completely boring and likely to remain so Wednesday. All markets are clearly range-bound, jumping back and forth like a perpetual motion machine but still not much changed from where they were sitting in January 2015. If you have big bucks to play with ...

Like the Hindenburg or the 1916 Philadelphia A’s, Yemen is a success!

PHOENIX, March 30, 2016 – Webster’s defines success as “the correct or desired result of an attempt.” The Obama administration defines success as, well, something else entirely, or so it seems. Administration spokespeople continue to state that the counterterrorism strategy employed by the White House in Yemen remains a success. White House press secretary Josh Earnest recently ...

Are 2015 stock averages falling into a sinkhole?

WASHINGTON, March 26, 2015 – Nearly every time in the last five years or so when the Maven plans some time off, the stock market goes nuts, completely screwing up his itinerary. Mr. and Mrs. Maven were supposed to be on the road Wednesday for a week off in Cleveland, believe it or not. But ...