Two quick random thoughts:
- I read the Alberta Royalty Review Report today. I found the document interesting and agreed with much of the report; however, I do disagree with some key parts. I will comment further next week when time permits. All that said, I do believe that the Alberta Government will raise royalties on oil and gas. The report leaves the Alberta government no choice.
- I found Fast Money's Interview With Carl Icahn interesting because Icahn believes that market is on a precipice that could go either way. I have been cautious and not wanting to chase the markets after the rate cut.
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