Markets

Jan 20, 2016 at 17:49

As its fortunes collapse due to falling oil prices, Royal Dutch Shell PLC will fire 10,000 people in an effort to bolster margins ...

Jan 20, 2016 at 16:38

2015 was not a good year for speculators trying to time the oil markets. Oil kept cutting through each support level like a hot knife cutting through butter. It would…

Jan 20, 2016 at 12:19

Lot of people riding the stupid train right now. The stock market opened its third week of the year up 150 points on the Dow and, by midday, proceeded to…

Jan 20, 2016 at 07:53

The big picture concern - which is merely held in abeyance, since money velocity cannot stay permanently low unless interest rates also stay permanently low - is that interest rates…

Jan 20, 2016 at 06:18

The future looks bleak for stocks and not just the US market, I'm talking about global markets are poised to enter bear markets which we have seen already started to…

Jan 20, 2016 at 06:16

The blue ribbon award for ridiculous comment of the day goes to Ben Bernanke who dismissed China's $28 trillion debt pile as an "internal problem" only.

Jan 20, 2016 at 05:25

EUR/GBP keeps on rising. The technical structure suggests that there are strong buying interests. Hourly resistance lies at 0.7694 (15/01/2015 high) has been broken and hourly support is given at…

Jan 19, 2016 at 18:08

The SP500 has already violated the blue trendline below and retested the line below the orange arrow. If the bulls can mount a rally this week, 1925 can be used…

Jan 19, 2016 at 18:04

Stocks rallied on Thursday -- but then tanked even harder on Friday, which probably made that $3.2 trillion figure even bigger. But how can that be? Doesn't money simply move…

Jan 19, 2016 at 15:16

Yesterday's post on the unreliability of China's official numbers attracted comments that were mostly along the lines of "people who live in glass houses shouldn't throw stones." That is, where…