All Posts Tagged With: "Permian Basin"

Momentum Stock: Permian Basin Royalt Trust (PBT)

The talking heads have been touting the recession word for a while. In an effort to cut off slower economic growth, the Fed has been a bit quick to lower interest for a cheap market thrill, which in my mind can only delay the inevitable market panic.

Now that the public and investors alike have been well groomed for this doomsday scenario, everyone wants to know when this so called recession will occur. Could it happen this year or perhaps in 2009? No one really knows for sure, but the mood across the country and overseas is pretty grim.

If…

21Feb2008 | S. Oakes | Comments Off | Continued

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