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Much of the recent rise in the stock market and simultaneous decline in the VIX is the result of old fears not being realized more so than the absence of new fears Read More

A revised resource estimate for the uniquely difficult Monterey basin has oil industry foes gloating without much justification. Plus: Rice jabs misplaced, and Seadrill’s Russian coup, for subscribers.  Read More

While the Japanese economy looks to be at its strongest level in decades, Prime Minister Shinzo Abe must still push through with key reforms in order for it to be sustainable, particularly in the labor arena. Read More

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