Author Archives: macromon

The Decline of Petrodollars

Last week we pointed out that the crash in oil prices will reduce global liquidity as the revenue of oil exporters falls dramatically. This raises an interesting question: as petrodollars come out and flows to financial markets are reduced, shrinking … Continue reading

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A new paradigm for oil? – FT

In the middle of 2014 the price of oil was more than $100 a barrel; now it is hovering near $60. The FT’s Frederick Studemann asks Energy Aspects’ Amrita Sen and FT commodities editor Neil Hume whether low prices will … Continue reading

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SPY Key Support

Note the key level of technical support on the S&P ETF, SPY, at the 195-ish area.  This is where the 50% retracement of the Oct 15 – Dec 5 rally and the 200-day moving average meet.  A move to this … Continue reading

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US Sector ETF Performance – December 16

(click here if charts are not observable)

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Daily Risk Monitor – December 16

Click on table to enlarge and for better resolution (click here if table is not observable)

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Putin wrestles with rouble tumble – FT

The rouble has moved almost 20 per cent in half a day. Lex’s Joseph Cotterill talks to Neil Buckley, eastern Europe editor, about the choices facing Russia’s President Vladimir Putin and the implications for the Russian economy. Read the global … Continue reading

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US Sector ETF Performance – December 15

(click here if charts are not observable)

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Daily Risk Monitor – December 15

Click on table to enlarge and for better resolution (click here if table is not observable)

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Falling oil prices – a global tax cut – FT

Global oil prices have fallen more than 40 per cent in the past six months to hit their lowest level in almost five and a half years. Chris Giles, economics editor, and Neil Hume, commodities editor, discuss what the fall … Continue reading

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US Sector ETF Performance – December 12

(click here if charts are not observable)

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