Oil Market Summary for 08/16/2010 to 08/20/2010 Crude oil prices continued their downward spiral during the week as new data confirmed that U.S. economic growth is slowing. The benchmark West…
The old saying goes that just because you're paranoid doesn't mean everyone else isn't in on it. It's starting to feel that may be true in the bond market. For…
Brazil's president has pushed hard to unravel the diplomatic conundrum between Washington and Tehran, yet despite any perceived failures, he will leave Brazil with a much higher level of international…
Humankind's assault on the oceans continues apace. A short time ago, we considered the loss of 40% of the phytoplankton in the oceans since 1950. In my post How…
I just want to pass on some data forwarded to me from my extensive band of Chilean readers in response to my recent piece, “Chile is Looking Hot” (click here…
Afghan President Hamid Karzai has added his voice to those condemning the Taliban-orchestrated execution by stoning of a young couple charged with adultery. The stonings in the northeastern province of…
When the current outbreak of angst biting at the heels of the markets runs its course, and traders morph back into risk accumulation mode, you can count on palladium outperforming…
A major Norwegian pension fund has named oil producer BP its worst performing stock, with the fallout from the Gulf of Mexico spill crisis losing $1.7 billion for the fund.…
No, they are not donning a Stetson, cowboy boots, and a six gun to fight Indians in the Wild West, where I live. Their never ending reach for yield is…
The BP well blowout, fire, explosion and platform collapse, and the ensuing crude oil leak are without doubt the result of human failings. Underestimating the quality of the reservoir is…
I have always considered the US military to have one of the world’s greatest research organizations. The frustrating thing is that their “clients” only consist of the President and a…
Iran, it is believed, is on the fast track to develop nuclear weapons which Israel sees as a direct threat to not only its security, but to its very existence.…
BHP Billiton’s (BHP) low key, South African CEO, Marius Kloppers, has announced that he is making a hostile takeover bid for Potash (POT) for $39 billion, or $130 a share,…
Chinese and Japanese intelligence agencies, which closely monitor events in the Persian Gulf due to the dependence of both countries on oil from the region, report that Israeli Navy commandos…
The Indian announcement last week of the development of a new Agni-II intermediate-range nuclear missile illustrates a growing flexibility in New Delhi’s nuclear force posture. India is entering a new…
With China’s (FXI) economy rocketing at 8%-13% quarterly growth rates, and Japan (EWJ) plodding away with meager 1%-2% rates, it was only a matter of time before the Middle Kingdom…
In July, I wrote an article titled ‘Is The Recovery An Illusion?’ With the additional evidence that has come in since there really is no doubt about it. Economic recovery…
I recently spent an evening with Ambassador Richard Jones, the Deputy Executive Director of the International Energy Agency in Paris, who had some eye opening things to say about the…
Israeli business executives here in Istanbul like to point out that most of the angry Turks who protested Israel’s deadly raid on a Turkish-led flotilla to Gaza this past…
The markets are currently stampeding for yield of any description, damn the risk. That’s why shipping stocks have suddenly come into focus, which offer some of the highest dividend yields…