As you know from my links last Tuesday – I am truly amazed at how short sighted many top American companies are – loading up on debt, laying off good employees, and continuing to buy back their inflated shares:
And if you had any doubts the Feds zero interest rates are fueling crazy valuations, look no further than the deal announced Monday by Duke Energy:
- Bloomberg: Duke Has Bubblicious Feelings for Piedmont
I have been looking for a new entry into XLE – in my reading, I came across this very well done article on Fusion:
Long story short – think we will be using Fossil Fuels for a few more years.
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