Emerging Markets
Greece Again?
Yesterday, ratings agency Moody’s downgraded Greek debt four levels to non-investment grade or “junk” status yesterday. The downgrade triggered a late slide for stock prices and what started as… Read more
What? BP’s not American?
That was an excellent rally yesterday! The S&P 500 broke through important resistance at 1085. For more insight, I will turn to… Read more
Bakken Oil Profits
To call the explosion of the Deepwater Horizon oil rig and the subsequent well damage that’s allowed millions of gallons of oil… Read more
China Plays Ball
On Tuesday, I discussed in Daily Profit how cooperation between the
A Deal with the Devil
It’s looking as though
Profiting from the Crisis in Europe
There’s no ignoring the European debt problems today. Real estate loan defaults are crippling a few Spanish banks, and the IMF has… Read more
Value is What You Get
I really, really don’t want to talk about the euro today. And I think I’ve made myself quite clear about oil prices…. Read more
Rational Market?
Oh boy. The absurd quotes from EU officials just keep rolling out. This time, the chairman of the Eurogroup forum of euro… Read more
The Uncertain Market
It’s often said that the stock market doesn’t like uncertainty. When uncertainty rises, stock prices tend to fall.
… Read more