Friday was a low key affair. Small gains managed to rank as accumulation for the S&P, Dow Jones and Nasdaq 100, but there could be an argument for profit taking too. The S&P remains above 20-day and 200-day MAs. Friday
November 22, 2015
The seventh largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America. But it isn’t just South America that is experiencing a very serious economic downturn. We
Emerging market (EM) weakness has been lately a pain in the neck for global investing, forcing several research houses to cut their global growth forecasts more than once this year. Needless to say, the investing spectrum piled up huge losses
“The EU is increasingly about war,” exclaimed the outspoken UKIP leader Nigel Farage in 2013 in front of Francois Hollande and his European parliamentarian peers. Amid the collapse of the French economy and capital flight, Farage jabs at Hollande it is clearly “impossible
The stock market powered back after the terrible incident in France last week. There was a surge in Put purchasing which actually is fuel to go higher. More so, from Europe to Japan and to China, rates are being reduced
World field production of crude oil increased 2.9 million barrels a day in the 12 months ended last July. That compares with a 3.6 mb/d increase over the entire nine years from Jan 2005 to Dec 2013. World field
I don’t often write about global geopolitics because I think, in general, investors spend too much time worrying about things they can’t control or aren’t going to happen or wouldn’t matter much if they did. The best example is the
Gold prices continued to fall for the fifth consecutive week with the precious metal down 0.6% to trade at 1076 ahead of the New York close on Friday. The losses come amid expectations that the Federal Reserve will move to raise interest rates
Between that Russian plane being taken down by a soda can bomb and the recent Paris attacks, travel is losing some of its appeal. Last night, for instance, I was at a party talking to a friend who’s retiring soon. When asked
There have been 36 North American oil and gas producers that have commenced Chapter 11 bankruptcy proceedings so far this year, according to law firm Haynes and Boone LP’s inaugural Oil Patch Bankruptcy Monitor. These 36 firms have collapsed owing a total of
