Throughout the summer and early autumn, there has been an endless round of announcements concerning production cuts and output freezes in crude oil. These were done in an attempt to reverse the sliding price of oil in global markets. The once all powerful oil cartel OPEC (Organization of the Petroleum Exporting Countries) was experiencing major difficulties, in trying to place a floor under world prices for crude. Yet, as the 14 members of OPEC met in various locations and agreed in principle […]
Global Investing Blog
Weekly Market Review & Target Fills October Week 2
The major news for the week, is the downward movement in global equity markets including in the United States. The descending trend is being caused by a number of factors which include the speculation that the United States will raise interest rates by 0.25% in late December. A second factor was despite the repeated agreements to freeze or reduce crude production within OPEC (Organization of the Petroleum Exporting Countries) output is continuing to rise. September saw an increase in oil production, up […]
Europe Lost In A Refugee Crisis
The continent of Europe has not seen this kind of movement of people, since the end of the Second World War in the 1940’s. Millions of displaced migrants have arrived onto European shores in a mass exodus, coming from the war torn and economically devastated regions of North Africa and the Middle East. It is totally overwhelming many social services in the receiving countries and creating strife in normally culturally cohesive nations. The last time there was a huge unplanned for influx […]
Weekly Market Review & Target Fills October Week 1
The major news for the week, is the movement in the global oil market following continuing chatter that there will be output cuts by major crude exporters. OPEC (Organization of the Petroleum Exporting Countries) had already agreed in principle to limit oil output to 32.5 million barrels a day. This would be from a high of 33.24 million barrels a day. With crude prices in around $50 USD (United States Dollar) on the major exchanges in Europe and the United States another meeting is […]
Weekly Market Review & Target Fills September Week 5
The major news for the week, is the movement in the global oil market in response to the meeting in Algiers this week. OPEC (Organization of the Petroleum Exporting Countries) has agreed in principle to limit oil output to 32.5 million barrels a day. This would be from a high of 33.24 million barrels a day. Levels of crude production for individual countries,will be worked out at the upcoming meeting in Vienna. This is scheduled to take place in November. If successful […]
Uruguay: A Bastion Of Stability In A Chaotic Region
The country of Uruguay has maintained a growing economy despite the economic chaos that had roiled South America over the past decade. Unlike a number of neighboring countries, Uruguay was able to avoid recession in the global financial crisis. This was due to increased investment in infrastructure and higher overall public expenditures. Growth which had slowed to 2.9% in 2009, resumed to a rate that exceeded 7% by 2010. Much of the economic success of Uruguay, is due to a strong export […]
Weekly Market Review & Target Fills September Week 4
The big news was the rally in the equity markets, that began earlier in the week on a global scale. This was in response to the decision made by the United States Federal Reserve Bank (Fed) not to raise interest rates at this time. It is becoming increasingly unlikely that levels will increase at all in 2016, due to declining economic data. All three market exchanges in the United States (U.S.) saw gains reversing losses from last week The Dow Jones Industrial […]
Ukraine: A Generation Of Failure And Missteps
Independence for the Ukraine arrived in early December of 1991, after a referendum. It was practically inevitable, following the failed coup attempt against President Mikhail Gorbachev in August. The effort to replace him, actually accelerated the dissolution of the Soviet Union. The Ukrainian parliament had already passed a resolution in support of the upcoming vote, in making the former Soviet republic, a separate state on August 24th. That is why this date is recognized as Independence Day in Ukraine. The referendum itself […]
Weekly Market Review & Target Fills September Week 3
The big news was the decline in the equity markets that began earlier in the week on a global scale. This was a continuation of the sell off that began last Friday. It is due to fears of tightening monetary policies or a lack of further monetary stimulus as central banks run out of ammunition. All three market exchanges in the United States (U.S.) suffered their biggest losses since the Brexit vote in June. The Dow Jones Industrial Averages actually briefly dipped […]
Brazil: A New Economic And Political Beginning
The Brazilian Senate finally did what had become inevitable, that is the impeachment of President Dilma Rousseff on August 31st by a vote of 61 to 20. Her crime was the illegal manipulation of government accounts, but the real transgression was presiding over the worst recession in decades. Her approval ratings went from 79% in March of 2013, to around 10% in March of 2016. In violation of the law, the former president moved funds between various government budgets. Her objective was […]