U.S. stocks recovered to close flat on Wednesday due to positive economic data whilst crude oil moved higher due to a European Union agreement to ban imports of Iranian oil. The euro and European equities struggled to make gains as investors’ concerns once again returned with regards to the region’s debt crisis. Concerns about the […]
The Ballad Of Jed Clampett “Come and listen to a story about a man named Jed A poor mountaineer, barely kept his family fed, Then one day he was shootin’ at some food, And up through the ground came a bubblin’ crude. Oil that is. Black gold. Texas tea…” The Beverly Hillbillies series starts with
The Ballad Of Jed Clampett – The USA Era Of 'Oil Innocence' Is Over Read More »
Despite the Nikkei index closing up the Hang Seng and CSI closed down in the overnight early morning session. European markets have followed suit, the majority of main bourses indices are down in the morning session. Reality and sobriety could be hitting the European markets due to Greece suggesting it could leave the mechanism inside
The Initial New Year Rally Appears To Have Faded Read More »
There’s an old adage that I’m reminded of at the turn of each year; “Many people look forward to the New Year for a new start of their old habits”. I’m also quite fond of this phrase; “I make no resolutions for the New Year. The habit of; making plans, of criticising, sanctioning and moulding
Keep Your Glass Half A Percent Full To Reach Your New Year's Forex Goal Read More »
No problem readers, I’ll cover the $1.09, so it’s not all bad. Although using the USA methods of compound interest if I don’t pay it soon they might stiff me with a bill for a million or two, so perhaps a ‘whip round’ is in order. The USA officially closed the books on 2011 with
$15,222,940,045,451.09, The USA Finally Breaches 100 Percent Debt Versus GDP Level Read More »
When the largest hedge fund operators speak its essential that we pay attention, there are two in particular that investors and speculators should bookmark and/or sign up to Google alerts for to ensure you’re constantly on message with their pronouncements. They are PIMCO and Bridgewater. Both have recently issued very dire predictions on the future
The Only Tools Left In The Toolbox Are To Kill Zombies With Read More »
As rain and gales batter parts of the UK this morning some unwelcome financial news also crashed ashore; the UK manufacturing sector posted its worst quarterly performance since the recession officially ended. PMI data published by Markit reveals that UK manufacturing output stands at 49.6 in December, output fell (the 50-point mark that separates expansion
As The German Economy Powers Ahead Is The UK Delivering Pre-Recessionary Figures? Read More »
European bourse indices faired well in thin trade during the first European session of 2012, the general mood of optimism appeared to ignore the disappointing data emanating from Europe suggesting that the zone was close to falling back into a technical recession in the first quarter of 2011. Buried deep within various reports on Monday,
No Va Va Voom In The Latest European Economic Data Read More »
“Happy Birthday” is a 1981 single written, produced, and performed by Stevie Wonder for the Motown label. Stevie Wonder, a social activist, was one of the main figures in the campaign to have the birthday of Martin Luther King, Jr. become a national holiday, and created the single to make the cause known. The song
Happy Birthday To Ya, Happy Birthday. The Euro Could Become The World's Leading Currency Read More »
European equities have risen during the first trading day of the year, following the Stoxx Europe 600 Index’s first annual loss since 2008, as gauges of carmakers and chemical producers advanced. Asian shares in the markets that were open overnight/early morning had mixed fortunes. The Stoxx 600 rose 0.2 percent to 245.11 by 9:00 a.m.
The Markets Wake Up After The Holiday Slumber Read More »
