With inventories once again on the rise, demand set to seasonally tumble, and production on the rise, the lagged response to the bounce in crude prices continues in the US oil rig count, rising 3 last week to 374. This is the 8th rig count rise in the last 9 weeks. The 58 rig rise (+18% off the lows) is the fastest since Jan 2010. […]
Some of the world’s most successful fund managers are warning of red flags for the world economy. Here’s what they’re buying now
If there is someone whom I like to meet in my life, it shall be him! George Soros is possibly the most successful investor that ever lived. In fact, his return rate throughout his career has been greater than even the return rate of Warren Buffet. However, the two have very different views of what investments to make. You see, George Soros is largely a […]
Crude oil closed below $44.00 a barrel, suggesting there are underlying weaknesses not only in the energy sector but in the global economy. It is becoming more clear the Brexit vote was just enough to slow demand from a path of market balance to the perception of continued oversupply. The break that may put oil on a path to test $40 will also put more […]
over-priced equity markets will be a bigger driver for gold prices than negative interest rates around the world. large funds no longer care about long-term interest rates and are more focused on short-term performance.
Smokers out there, we’re all probably aware of the fact that smoking doesn’t do our health any favours, right? In fact, smoking is incredibly detrimental to our health, what with the various quit smoking advertisements that show what happens to our brain and lungs when we smoke. Well, if you’re a smoker, here’s 8 secret food you should eat daily to clear your lungs like magic. […]
Keeping your brain from degenerating and your cognitive capacity from declining should always be a top health priority. After all, that gray matter inside your head controls every vital function in your entire body. So, here are some guidelines provided by Alzheimer’s Association in a Star 2 report to help boost your mental capacity and maintain a healthy brain. Exercise Several studies point to the […]
In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. a veteran foreign exchange analyst, said the low was expected, and how much further the yuan would slip is closely linked to the U.S. dollar index. If the index closes lower than 96.4 on Tuesday, the central parity rate of […]