Search Results for: BVI
World Gone Mad, Part 2: “Perpetual Preferred”
October 10th, 2016
Towards the end of a credit bubble, ideas that might have seemed crazy in more boring times are not just accepted but embraced by investors desperate to keep the high that comes from effortless bull-market profits. In the junk ...
What the recent OPEC deal means for oil prices
October 6th, 2016
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. This was the first time Opec decided to trim output ...
America is on a slippery slope
September 30th, 2016
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for the G-20 summit in early September, the CIA security men ...
Asia markets rally after oil prices surge on OPEC production cut deal
September 29th, 2016
The overnight rally in oil prices amid reports that oil producers finally agreed to cut production levels sent Asia markets higher on Thursday. Australia’s ASX 200 was up 1 percent in afternoon trade, with the energy sector rallying 6.54 percent, while ...
What Blows Up First, Part 3: Really, Deutsche Bank?
September 28th, 2016
Calling Wall Street’s banks stupid and dangerous is like calling the sun “big and warm.” It’s a clear understatement of an obvious fact. The same goes for calling Japan and China economically clueless. Their actions pretty much guarantee that ...
Recent Upgrade by S&P: What does it really mean?
September 22nd, 2016
The first long-awaited upgrade of the Cyprus economy by the rating agencies for this Fall has finally arrived with the recent upgrade from S&P by one notch (from BB- to BB). Now we are only two notches away from ...
Federal Judge Rules Bitcoin is Money in US Trial
September 20th, 2016
A federal judge in New York has ruled that bitcoin constitutes a form of money. The ruling comes from the ongoing case involving the now-defunct Florida bitcoin exchange Coin.mx and one of its former operators, Anthony Murgio. Murgio, who was indicted ...
The impoverishment of the masses
September 14th, 2016
Feudal and mercantilist economic systems were characterised by the lower orders of ordinary people being enslaved by, or subjected to, the commands of an elite. Beyond basic subsistence, serfs and slaves were not enabled to consume other goods, nor ...
Here’s How Europe Implodes, Part 1: Italian Junk Bonds And The End Of Austerity
September 12th, 2016
The “whatever it takes” economy is progressing nicely around the world, with governments and central banks doing things that no 20th century economist would have viewed as possible, let alone wise. Now the question becomes, where does this ...
Who are the biggest investors in Dubai’s real estate market?
September 5th, 2016
It’s no secret who the top foreign investors in Dubai’s real estate market are. Time and again, Indians have emerged atop the podium as the biggest non-GCC foreign buyers of real estate in the emirate. And it’s no surprise ...
