Monthly Archives: October 2015

Of the 173 S&P 500 companies that have reported Q3 earnings as at October 23, the blended earnings decline is -3.8%, making for the first back to back quarters of earnings decline since 2009. See: Factset Earnings Insight October 23, … Continue reading →

Last week the International Energy Agency (IEA) lowered its forecast for global oil demand growth from a 5-year high of 1.8 million barrels a day in 2015 to 1.2 m barrels a day in 2016.  As global production remains at … Continue reading →

On Sept. 3, 2015, VW admitted to U.S. and California regulators that it had not only been selling high-polluting cars but that it had deliberately outfitted them with “defeat devices” that sensed when an official emissions test was under way … Continue reading →