“It was the best of times, it was the worst of times.” Justice Litle thinks Dickens’ classic line  provides an apt description of today’s markets. Sure, this year has been hell. But it has also created some amazing opportunities for contrarian investors. Justice says this is most apparent in the oil and natural gas market, where irrational risk aversion has made most people forget the fundamentals.

This from Taipan Daily:

Mark my words. It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking.

— Vice–President-Elect Joe Biden

Just a few weeks ago, Vice–President-elect Joe Biden (back when he was plain old Senator Joe Biden) promised the world that Barack Obama will be “tested” by America’s enemies.

“Remember I said it standing here,” Biden told his Seattle audience, “if you don’t remember

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Recently, we discussed oil prices and their affect on the oil & gas industry with Zacks senior analyst Sheraz Mian. He helped give us some well-needed perspective, as well as his top picks within the space.

Oil prices have been steadily coming down in recent days – from the all-time high of around $147 to under $110 at present. Are we seeing the bursting of the oil bubble?

I wouldn’t call crude oil’s strength of the last few years as a bubble. While some ‘irrational exuberance’, to borrow a phrase from the former Fed Chief, could have been at work in oil’s doubling in price over the past year prior to its recent pullback, there are nevertheless sound fundamental reasons for the commodity’s historical strength.

The mismatch between the growth rates of supply and demand has been the driving force behind the current oil price cycle. The current pullback reflects

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Connecticut Hedge FundsConnecticut Hedge Fund GuideHere is a short collection of articles on the hedge fund industry in Connecticut. I am always looking for more valuable online tools and resources to add to these geographical hedge fund guides to the hedge fund industry. If you have a white paper or PowerPoint that I can include here please send me an email and I will post it for everyone's benefit.Look at a map and it would seem that companies and businesses looking to move out of New York City and into nearby suburbs would naturally choose Westchester County the city's immediate northern suburb. But when hedge fund managers began moving out of Manhattan a few decades ago, they ...