Monthly Archives: March 2015

The great global tightening continues

Posted on March 19, 2015 by Danielle Park

The trading machines went berserk yesterday afternoon as the US Fed rolled out the latest contortion of verbal gymnastics, removing “patient” from their policy statement, and promising that while rate hikes are coming soon ’cause  the “economy is getting better”–it … Continue reading →

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Canadian economy firing on one outrageously over-valued sector

Posted on March 18, 2015 by Danielle Park

This morning more dour news for Canada: Canadian Wholesale Sales in January fell by the most in 6 years and oil and most other commodities are continuing their downdraft on tumbling global demand and soaring inventory. West Texas Crude (WTI) … Continue reading →

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Oil: support at 2009 bottom may prove a mirage

Posted on March 17, 2015 by Danielle Park

The global economy is in the midst of a downturn of unusual scale. Coming off the unprecedented credit-highs of the past 8 years will be sobering, to say the least. What proved support for key commodities in the 2009 “V” … Continue reading →

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