Showing 2912 Results for oil
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Showing 2912 Results for oil
Search instead for oil
June 6, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 213.34 points or 0.55% to 38,703.51 Shanghai decreased 16.61 points or -0.54% to 3,048.79 Hang Seng increased 51.84 points or 0.28% to 18,476.80 ASX 200 increased 52.80 points or 0.68% to 7,821.80 closed SENSEX increased 692.27 points or 0.93% to […]
June 5, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 347.29 points or -0.89% to 38,490.17 Shanghai decreased 25.80 points or -0.83% to 3,065.40 Hang Seng decreased 19.15 points or -0.10% to 18,424.96 ASX 200 increased 31.90 points or 0.41% to 7,769.00 Kospi increased 27.40 points or 1.03% to 2,689.50 […]
June 4, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 85.57 points or -0.22% to 38,837.46 Shanghai increased 12.71 points or 0.41% to 3,091.20 Hang Seng increased 41.07 points or 0.22% to 18,444.11 ASX 200 decreased 23.90 points or -0.31% to 7,737.10 Kospi decreased 20.42 points or -0.76% to 2,662.10 […]
May 31, 2024
Some people have a very hard time understanding that we are in a massive deflationary spiral; they think that rising prices simply means it is inflation and not deflation. Then they mistake stagflation for deflation and wonder why people are spending more on less. They only see prices, not disposable income, and certainly not economic […]
May 30, 2024
What completes a phase transition? Simple — capital inflow to the United States. For example, when oil was in the $10 range in 1998, we forecast that oil would rise to $100 by 2007.15. In court, the Department of Energy wanted us to develop a model, but Alan Cohen of Goldman Sachs blocked that project. […]
May 29, 2024
All those investigating cycles within the economy made a simple mistake. Kondratieff followed agriculture/commodity prices when agriculture accounted for 70% of the GDP pre-19th century. That only began to decline from 1850 forward, dropping to 40% by 1900 as the Industrial Revolution emerged with the invention of the steam engine. Moreover, aside from climate impacting […]
May 29, 2024
The old idea that inflation is created by an increase in money supply has distorted the minds of many people. Inflation is caused by numerous factors for it is not a one-dimensional aspect. For example, say a bird flu has rendered half of the egg production to be worthless, which would send egg prices soaring. […]
May 17, 2024
ASIA: “Market Talk” will be temporarily postponed until June as our staff redirects efforts toward the London Seminar. Tickets to the seminar, both virtual and in-person, are still available for purchase. The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 132.88 points or -0.34% to 38,787.38 Shanghai increased 31.63 […]
May 16, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 534.53 points or 1.39% to 38,920.26 Shanghai increased 2.50 points or 0.08% to 3,122.40 Hang Seng increased 302.82 points or 1.59% to 19,376.53 ASX 200 increased 127.60 points or 1.65% to 7,881.30 Kospi increased 22.66 points or 0.83% to 2,753.00 […]
May 16, 2024
The Dow surpassed 40,000 during midday trading for the very first time this Thursday. In a January 2020 interview with Andrew McCreath from BNN Bloomberg I explained that the Dow was heading up. The video was posted with the headline “DOW 40,000” and everyone dismissed my forecast as if it were my own personal opinion. […]