Crude oil prices have declined dramatically in the past year or so. Brent crude closed at $28.49 today. According to an article by Liz Ann Sonders of Charles Schwab, crude oil declines have reached historical extremes. Oil prices have plunged by 77% from the recent peak. Click to enlarge From the article: Oil effect If a recession …
Continue reading ‘Oil Price Decline Has Reached Historical Extremes’ »
Equity markets worldwide are very volatile so far this year.Most of the markets have declined significantly in just two weeks.The S&P 500 has already fallen 8% year-to-date. Every day stocks seem to go nowhere but down.Despite all the doom and gloom, it is wise to follow the course and stay strong. That being said, here are …
Continue reading ‘Five Things To Do As The Stock Market Roller-Coaster Ride Continues’ »
The S&P 500 is down 8.0% year-to-date(YTD). However banking stocks have declined even more with the KBW Nasdaq Bank Index falling 13% YTD as shown in the chart below: Click to enlarge Source: Google Finance The KBW Index is still well off the all-time highs reached before the Global Financial Crisis went it reached as high as …
Continue reading ‘US Banking Stocks Lag Overall Market In Returns’ »
The benchmark DAX Index closed at 9545.27 yesterday. With a decline of 11.1% so far, the index is down more than most other developed European markets year-to-date. The following chart shows the two-year return of the DAX: Source: Yahoo Finance DAX reached a record high of over 12,390 early last year. From that peak, it has …
Continue reading ‘A Note On The Performance Of Germany’s DAX Index’ »
Hope and change are all but gone. Obama’s got nothing to lose any more (The Guardian) Are Commodities a Necessary Portfolio Component? (Josh) China: Pressures are escalating (Schroder’s) and see What’s Happening in China? (Schwab) Is the oil rout overdone? (Fidelity) Is Oil Too Slick for Equity Investors? (AB Blog) Frontier Markets in Focus: 2016 and …
Continue reading ‘Knowledge is Power: Hope and Change, Pitchforks, Oil Slick Edition’ »