The Traderszone Network

A paper presented at the Jackson Hole symposium this weekend argued against strict rule-based monetary policy
– Presented by Johns Hopkins University economics professor Jon Faust (who served as a special adviser to the Fed’s board of governors until September 2014)

Berkshire Hathaway disclosed a $4.5 billion stake in a Houston-based oil refiner according to a regulatory filing issued Friday
– Buffett’s company now holds more than 10%  percent of the total outstanding shares in Phillips 66
Says  Cliff Gallant, an analyst at Nomura Holdings

Prospect Capital’s fourth quarter results are worthy of a second look.

With the Greek crisis off the market’s top concern list, just a catch up on a couple of headlines this weekend:
There is a national election next month
– Former Greek PM Tsipras’s Syriza party is leading the conservative opposition
Christine Lagarde, head of the International
Monetary Fund, speaking with Swiss newspaper Le temps ():

And what to do about it.

Last weekend, we explained why it really all comes down to the death of the petrodollar. 

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