Monthly Archives: August 2015

Oil sector to slash costs and consolidate for new normal

As in all dramatic and persistent revenue downturns, necessity is the mother of invention for those who survive. Fadel Gheit, managing director at Oppenheimer & Co., talks about the outlook for the oil industry.  Here is a direct video link.

Posted in Main Page, Pictures that say 1000 words | Comments Off on Oil sector to slash costs and consolidate for new normal

Copper’s decline may be only just started

To date copper has fallen 50% from its spectacular 2011 QE-induced, bubble peak. If long-term trends have their traditional pull in the mean reversion process, a further 50% to 70% decline from here, may yet lie ahead. Believe it or … Continue reading

Posted in Main Page | Comments Off on Copper’s decline may be only just started

Global equities feeling weight of impossible expectations

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. … Continue reading

Posted in Main Page | Comments Off on Global equities feeling weight of impossible expectations