While the outlook for the Canadian dollar looked dire just a few months ago, the currency appears to have recently turned a corner. After looking oversold in late March, the currency managed to strengthen thanks to a rebound in crude oil prices. Two weeks later, the Canadian dollar received more good news as the Trump…
While the outlook for the Canadian dollar looked dire just a few months ago, the currency appears to have recently turned a corner. After looking oversold in late March, the currency managed to strengthen thanks to a rebound in crude oil prices. Two weeks later, the Canadian dollar received more good news as the Trump…
With the performance of Netflix (NFLX) yesterday and the market follow through today, the FANG Stock Index is about to hit new all time highs. That is important when considering how much bearishness came to the fore with negative macro news over the last two months. FANG leading tech even with FANG component Facebook’s (FB) negative data privacy headwinds,…
With the performance of Netflix (NFLX) yesterday and the market follow through today, the FANG Stock Index is about to hit new all time highs. That is important when considering how much bearishness came to the fore with negative macro news over the last two months. FANG leading tech even with FANG component Facebook’s (FB) negative data privacy headwinds,…
The office of National Statistics released the CPI data for the month of March, which missed analysts’ forecasts. The data showed that the consumer prices increased by 0.1% during the month. Analysts were expecting the data to show an inflation of 0.3%, a point lower than February’s growth of 0.4%. On an annualized basis, the…
The office of National Statistics released the CPI data for the month of March, which missed analysts’ forecasts. The data showed that the consumer prices increased by 0.1% during the month. Analysts were expecting the data to show an inflation of 0.3%, a point lower than February’s growth of 0.4%. On an annualized basis, the…
Permian Basin oil production is booming, but the growth rate is being threatened by rapidly growing volumes of associated natural gas. In a recent article, I provided a firsthand look at the booming oil production in the Permian Basin. Notably, after 100 years of production, the Permian Basin is pumping record volumes of crude oil. However, as I also noted there…
Permian Basin oil production is booming, but the growth rate is being threatened by rapidly growing volumes of associated natural gas. In a recent article, I provided a firsthand look at the booming oil production in the Permian Basin. Notably, after 100 years of production, the Permian Basin is pumping record volumes of crude oil. However, as I also noted there…
from the International Monetary Fund — this post authored by Bertrand Gruss and Natalija Novta Manufacturing jobs are waning. In many emerging market and developing economies, workers are shifting from agriculture to services, bypassing the manufacturing sector. In advanced economies, the rise in service sector employment typically reflects the outright disappearance of manufacturing jobs. The decline in manufacturing…
from the International Monetary Fund — this post authored by Bertrand Gruss and Natalija Novta Manufacturing jobs are waning. In many emerging market and developing economies, workers are shifting from agriculture to services, bypassing the manufacturing sector. In advanced economies, the rise in service sector employment typically reflects the outright disappearance of manufacturing jobs. The decline in manufacturing…
