The last few weeks have seen ‘Project Fear’ taken to all new levels by the UK establishment as doom-mongering over a possible Brexit conjure images of post-apocalyptic movies. UK PM Camero...
Over the weekend, Sam Fleming with the Financial Times interviewed Boston Fed President Eric Rosengren about why the Fed is likely to tighten monetary policy sooner rather than later. “The reason th...
It’s the Monday following the second leg of the Triple Crown and a whole bunch of people lost money betting on the Preakness. Like the stock market, the allure of gambling is strong because many peo...
Returning from a two-week business trip to Asia, I was invited to appear on Bloomberg Surveillance with Tom Keene and Francine Lacqua. My key points include,the driver now is changing perceptions of ...
Some of you might remember I’m already short Brinker International, the corporation the runs the Chili’s restaurant outfit (home of superbly microwaved prepackaged fare). This massive topping patt...
Since hitting record highs back in March of 2015, the Indian Bombay 30 (also referred to as the SENSEX 30 or BSE 30) equity benchmark has been on a steady retreat after entering a bear market back in ...
The DAX 30 kept on seesawing this morning and price was firmly stuck between the May 6 low of 9739 and the May 10 high of 10,111. Short-term bursts of momentum between these levels have been hard to p...
As I have previously warned a vote for Brexit on June 23 would be a disaster for the UK economy. Now the Treasury has published a report outlining how bad the potential disaster will be. I would take ...
Because… fundamentals… Nothing says “Buy Oil” like the weakest US manufacturing PMI since 2009, dismal Japanese trade data, and the European economy collapsing. Chatter is that...
Greetings, We begin with a few developments in the energy markets. 1. The US energy & mining investment growth has declined sharply. While this is bullish for oil in the medium term, there is no s...