A Wall Street Journal analysis shows the United States is on track to become the world’s largest producer of oil and natural gas combined. This domestic production has cut into the expected revenues of traditional oil and gas producers, especially Russia. “This is a remarkable turn of events,” said Adam Sieminski, head of the U.S. Energy Information Administration. “This is a new era of thinking about market conditions, and opportunities created by these conditions, that you wouldn’t in a million years have dreamed about.”
Despite a lot of analysts thinking exactly the opposite, the National Retail Federation (NRF) predicts that U.S. retail sales growth will outstrip last year’s rate of 3.5 percent and come in at a strapping 3.9 percent.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: