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John Mills: “Credit Cycles and the Origin of Commercial Panics” from 1867

The more things change they more they stay the same….

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ACAS Repurchases 8% in Q4

40% of the stock repurchased so far and Elliot involved.

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Less That 5 Days Excess Supply A “Glut” ?

I know of no other commodity known to such hyperbole as oil is…..from “peak” to “glut” in a couple years… I think I heard recently we were “choking on oil”