The ‘smart money’ is investing in oil now

Many parts of the U.S. stock market look expensive these days, but prices have fallen dramatically in the energy sector from over $100 a barrel in the summer to under $50 now. Private equity firms are raising vast sums of money to buy oil assets on the cheap. Blackstone Group (BX) alone launched a $...
Read More

The Great Dallas Land Rush

Just before her house went live on the real estate market this spring, Emily Morris ran the vacuum one last time and prepared to leave town for the weekend. As she stepped outside, Morris was surprised to see that a line had already formed along the sidewalk. Cars clogged the small subdivision in Al...
Read More