The weekly report

June 30, 2008 | Leave a Comment

Welcome to the Weekly Report. This week we get so bearish that even I worry that my personal sentiment indicator may have reached an extreme. We tie up some loose ends and recap Citigroup.

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Posted by livewire admin | Filed Under LiveWire Features and Articles 

Too Late to Buy Gold?

June 27, 2008 | Leave a Comment

It’s hard to be bullish on gold when there’s so much bad news in the world. After all, Gold offers a refuge against bad times ahead. Like all good insurance, it’s best bought before trouble arrives – not during or after. Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

Oil spikes on OPEC comments

June 27, 2008 | Leave a Comment

Oil spiked to $140 on comments from the Organization of Petroleum Exporting Countries (OPEC) President Chakib Khelil. Khelil said Thursday (June 26) that crude oil could rise to $150-$170 per barrel this summer. His comments, coupled with reports that major exporter Libya is set to cut production, sent light sweet crude futures soaring past $140 per barrel in late New York trade. Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

home price data suggests worse to come

June 25, 2008 | Leave a Comment

It has been an up and down second quarter in the US housing market. Data has been mixed at times, with some data suggesting reason to hope for a late 2008 turnaround, and other data hinting that more trouble could be on the horizon. Tuesday (June 24), both government and private home price indices indicated a record fall in home prices during April, prompting many analysts to suggest another year of price drops is on the way. Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

The Weekly Report

June 23, 2008 | Leave a Comment

This week I want to aim the article at those who normally do not frequent financial bulletin boards or sites. You, the reader, need to help me in this cause.

People who read financial BB’s are already interested and to some extent (though not always) informed about how certain economic conditions occur and can hold a healthy debate about the cures for such ills. Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

China announces fuel price increase

June 20, 2008 | Leave a Comment

Light sweet crude oil future dropped sharply in New York trade Thursday (June 19) following an announcement from China that it was going to hike fuel prices 16-18 per cent. This news is expected to slow demand in the nation that has been leading the way in oil use this year thanks to earthquake reconstruction and new development. Oil speculators expect the price increase to significantly soften demand. Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

If you project forward then act forward

June 18, 2008 | Leave a Comment

Well as we all knew it would happen, we should sit back and smile at Mr King, Mr Brown and the other one who escapes me, oh yes Darling: Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

Mortgage rates rising fast

June 18, 2008 | Leave a Comment

Many American homeowners are likely kicking themselves for missing what was likely the market bottom for mortgage interest rates in the late first quarter of 2008. Read more

Posted by livewire admin | Filed Under LiveWire Features and Articles 

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