Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Entries from May 2008

US Equities Markets – Fri May 30

May 30th, 2008 · No Comments · Markets

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US Equity Markets Thu 29 May

May 29th, 2008 · No Comments · Markets

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US Equity Markets – Wed 28 May

May 28th, 2008 · No Comments · Markets

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US Equity Markets Tues May 27

May 27th, 2008 · No Comments · Markets

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Exploring the Skyrocketing Price of Oil

May 26th, 2008 · No Comments · Energy

Last week, the oil company executives listed below, delivered prepared remarks on the reasons why the price of oil is around $135/barrel today. In a nutshell: O World economic growth, specifically 2-3 billion in  people in China/India rising into the middle class and seeking better lifestyles O National Oil Companies(NOC), state owned, control about 80% of world reserves; consequently […]

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US Equity Markets Fri May 23

May 23rd, 2008 · No Comments · Markets

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Remarks by Secretary of Defense Robert Gates on the changing war scene . .

May 22nd, 2008 · No Comments · Geopolitics

Secretary of Defense Robert M. Gates laying the groundwork for getting the US military focussed on the likely challenges of the future rather than extrapolating from past experiences :  In my view, America’s key asymmetric advantage is our people. And getting the present right when it comes to care of our men and women in […]

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US Equity Markets Thu 22 May

May 22nd, 2008 · No Comments · Markets

The market traded sideways today, at a lower level . . . absorbing the news/implications of higher energy prices. If the higher energy prices spread to the rest of the world and governments reduce energy subsidies e.g. Indonesia, global economic growth may slow.

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US Equity Markets – Wed 21 May

May 21st, 2008 · No Comments · Markets

More bad news  . . crude oil futures trade up to $134/barrel . . . markets heads down for a second day.

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US Equity Markets – 20 May Tue

May 20th, 2008 · No Comments · Markets

Banks are bracing for a new round of writeoffs : hedge funds. Separately, Boone Pickens was quite blunt in saying that the world oil demand is 87 mm barrels/day while supply was 85 mm barrels/day . . the difference coming from rapidly declining inventories around the world. He said that the US was spending $600B/year on […]

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