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Feb 23, 12 •
5099 Views •
Market Commentaries •
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Comments Off on Oil Hits A New Sterling Record On Iran Fears
Oil Hits A New Sterling Record On Iran Fears..But sshhh..Don’t Tell UK Motorists Feb 20, 2008 at 04:01pm New York: “The price of crude oil has scraped above the $100-a-barrel mark in recent months, but for the first time it actually closed above...
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Feb 23, 12 •
4513 Views •
Market Commentaries •
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Comments Off on Will It Be Open Season On The Banks As Reporting Season Starts?
The Greece debacle has (temporarily) been quietly shifted from the front page of both financial and popular news, it’s now left to the Greeks to cope with the impossible, inter-generational, insoluble financial burden their unelected technocrats have...
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Feb 22, 12 •
4275 Views •
Market Commentaries •
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Comments Off on Greeks Refuse To Lie Down And Take The Austerity Medicine
How does that phrase go again; “you can fool some of the people some of the time, not all of the people all of their time”? Ah-ha! Here it is; ” You can fool some of the people all of the time, and all of the people some of the time, but you...
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Feb 21, 12 •
5764 Views •
Market Commentaries •
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Comments Off on Americans Are Driving Less And Flying Less, Are They Finally On The Road To Nowhere?
“So was the book better than the film?” is the often repeated question when a best selling novel is translated to the big screen. Were The Road is concerned the film is arguably not as good as the book, however, the film really is very good....
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Feb 21, 12 •
4305 Views •
Market Commentaries •
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Comments Off on Austerity? Check. Bailout? Check. Growth Plan? Err…
If there’s a metaphor for the Dutch finance minister being locked out of his hotel room upon his return after “exhausting” negotiations then others will have to supply it. There was a certain amount of irony at play given his call for a...
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Feb 20, 12 •
4390 Views •
Market Commentaries •
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Comments Off on As Iceland's Economic Winter Thaws What Lessons Can Be Learned By Europe's Policy Makers?
Iceland’s approach to dealing with the meltdown was to put the needs of its population ahead of the markets at every turn. No it’s not a typo it’s an attempt to reinforce the one workable solution that has investment banks running scared, debt...
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Feb 20, 12 •
4584 Views •
Market Commentaries •
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Comments Off on Is This What Constitutes 20-20 Vision For Greece?
There is one headline and discussion point, in relation to the Greece debacle, which constantly catches the attention IF you’re concentrating; “At stake is a target of lowering the debt to a more manageable 120 percent of gross domestic product by...
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Feb 17, 12 •
3692 Views •
Market Commentaries •
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Comments Off on Is Barack Obama's Oil And Gas Hegemony About To Backfire?
Oil for March (WTI) delivery rose $1.06 to $101.80 a barrel on the New York Mercantile Exchange on Wednesday, this was the highest settlement since Jan. 10. Brent oil for April settlement increased $1.58, or 1.3 percent, to end the session at $118.93 a barrel...
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Feb 16, 12 •
4558 Views •
Market Commentaries •
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Comments Off on Argentina 1 Banking System 0
Argentina 1 Banking System 0. Are We Being Softened Up For A Drunk And Disorderly Greek Default? It’s both fascinating and ominous in equal measures to watch the frayed nerves on show as we reach the end game for Greece and it is simply the end of the...
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Feb 15, 12 •
14943 Views •
Market Commentaries •
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4 Comments
It’s quite fascinating to note that whilst there is a Chinese delegation visiting Washington to meet with Barack Obama a European delegation is visiting Beijing. Whilst in the USA the Chinese officials have been very vocal their support of Europe (and...
