One of the major stories of 2015 was the crash in oil prices. But this trend has largely continued to begin 2016 as well, with crude hovering near the $30/bbl. level at time of writing. This plunge in crude—at least
January 18, 2016
It is clear now that the Federal Reserve Bank deepened the recession in 2008. I have written that a motive for this dampening of the American economy was sticky wage creep, that had pushed American wages up. The need to
That’s a nice little corrective pattern in the US Dollar index. There’s a chance this is headed back to the bottom of the range. It would be a nice boost for the market and commodities when they need it most. Keep
Loan Losses and Rumors We want to briefly comment on recent news about a rise in loan loss provisions at US banks and rumors that have lately made waves in this context. The iceberg – an excellent simile for what
There’s a lot right with John Hathaway’s recent article titled “An ‘Acute Shortage’ in Gold Can Boost Prices“. There’s also a lot wrong with it, beginning with the title. There is not now, there has never been and there never
Following China’s growth slowing to 1999 levels in Q3 (but beating expectations with the mirage of a mysteriously large drop in the deflator), all eyes were on tonight’s data, most notably the deflator (especially following the trade data debacle from last week). The
USDJPY: With corrective recovery triggered on Monday, USDJPY looks to extend its corrective recovery. On the downside, support comes in at the 117.00 level where a break if seen will aim at the 116.50 level. A cut through here will
Woeful earnings threaten to intensify stock-market bloodbath Got to hand it to MarketWatch, they don’t discriminate. When trends are bullish they pound the point home while players are at max euphoria and when things are bleak they tout the trend
Friends of mine at my former employer, the Financial Times, have met with the senior Saudi leadership in recent weeks and confirmed what I already knew. The implications for your trading account and retirements funds are nothing less than far
The best sector across ADRs is healthcare. The top regions are Sub-Saharan Africa, No. America, & MENA. The average ADR score is 37.13 and remains below 40 (scores ticked up slightly this week). Typically, scores below 40 coincide with short-term
