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Trump Administration Blinks On Iranian Oil Sanctions

Trump Administration Blinks On Iranian Oil Sanctions

The Trump Administration wants to take a hard line on Iran, while avoiding a spike in oil prices just before the midterm elections. If there’s one thing a politician in power hates to see, it’s oil prices rising ahead of an election. This is why we have seen prior administrations attempt to manipulate oil prices leading up to elections. For […]
AUD/USD Daily Analysis – Wednesday, Nov. 14

AUD/USD Daily Analysis – Wednesday, Nov. 14

AUD/USD is now in the downtrend from 0.7302, the bounce from 0.7164 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 0.7164 support could take the price to 0.7050 area. Resistance is at 0.7250, only a breakout of this level could trigger another bullish movement […]
Does A Falling Money Supply Cause Economic Slumps?

Does A Falling Money Supply Cause Economic Slumps?

In his writings, Professor Milton Friedman blamed central bank policies for causing the Great Depression. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent a collapse in the money stock. In response to this failure, Friedman argued the money stock M1, which stood at $28.264 billion in […]
Brexit Compromise? Not So Fast! Collapse Of UK Governments Just As Likely

Brexit Compromise? Not So Fast! Collapse Of UK Governments Just As Likely

Word hit this AM of a Brexit compromise between the UK and the EU. I didn’t bite. A deal is one thing, approval another. This morning, the Financial Times reported UK and EU Hammer Out Draft Terms of Brexit Divorce. The Guardian commented May Tells Her Cabinet, This is the Deal – Now Back Me This THE […]
Sensex Trades Higher; Energy & PSU Stocks Outperform

Sensex Trades Higher; Energy & PSU Stocks Outperform

Stock markets in India are trading range-bound in the afternoon session. Among the sectoral indices, IT stocks and healthcare stocks are witnessing maximum selling pressure. While, energy stocks and PSU stocks are trading in green. The BSE Sensex is trading higher by 79 points (up 0.2%), and the NSE Nifty is trading higher by 28 points (up 0.3%). Meanwhile, the BSE Mid Cap index and the BSE Small Cap index are trading […]
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                        The Bank Of Canada Has Become More Optimistic On The Canadian Economy

E The Bank Of Canada Has Become More Optimistic On The Canadian Economy

“The Bank of Canada today (October 24, 2018) increased its target for the overnight rate to 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic outlook remains solid. The US economy is especially robust and is expected to moderate over […]
China’s Pooh Lesson

China’s Pooh Lesson

It’s one of those “nothing to see here” moments for Economists trying not to appreciate what’s really going on in China, therefore, the global economy. The slump in China’s automotive sector dragged on through October, with year-over-year sales down for the fourth straight month. Auto sales last month were off 12% from a year earlier to […]
Macro Speculations: The Winter Is Coming… Or Is It Already Here?

Macro Speculations: The Winter Is Coming… Or Is It Already Here?

(Photo credit: James Lee) Presently, the main doubt tormenting me is whether we are already in a long-term bear market or not. Everybody seems to hold the view that we are still some time away from it, and this is, precisely, what worries me. One of the most interesting facts about economic recessions and bear markets […]
Some Economics Of World War I

Some Economics Of World War I

What we now call World War I was known at the time, and for several decades afterward, simply as the “Great War.” It wasn’t until the arrival of World War II that World War I was re-christened. The Great War ended 100 years ago on November 11, 1918. Stephen Broadberry and Mark Harrison have edited […]
2019 Global Economic Recession Or Just A Slowdown?

2019 Global Economic Recession Or Just A Slowdown?

With the recent weakness in Europe and China, US investors have begun to worry about the potential for a global economic recession. We can’t get in the heads of all investors to determine why they are selling, but we can put two and two together. The US stock market is falling after weak global economic […]