When commodities are rising due to a weak dollar, and the long-term curve is not moving, it is not a good idea to express that move by investing in equities, at least not for the long-term. Continue reading The Challenge In Commodity Investment
Category Archives: On the cover
Petroyuan’s Lacklustre Birth Explained
Every time I read that the yuan is going to dethrone the dollar and that China is going to monopolize the oil market in its local currency, I remember those films and reports of the late 1980s predicting the imminent Japanese supremacy and how it would absorb the West. Continue reading Petroyuan’s Lacklustre Birth Explained
Nuclear Option? China Has Already Lost A Possible Trade War.
I have commented several times on the errors of protectionism and trade wars. There is another problem. The major developed economies have allowed China to get away with its protectionism and interventionism measures because it was the engine of growth of the world economy. Continue reading Nuclear Option? China Has Already Lost A Possible Trade War.
Syria. Rising Geopolitical Risk, Humanitarian Crisis
In 1973, Hafez Al-Assad was the president of Syria. Between that year and 1982, the regime conducted a systematic terror campaign against the opposition, which culminated with the slaughter of up to 40,000 people after the rebellion of the city of Hama. Al-Assad remained in power until 2000, when he was succeeded by his son, Bashar , the current Syrian leader. During all those years, outrage and international criticism of the regime always ended in many words and little action.
Continue reading Syria. Rising Geopolitical Risk, Humanitarian Crisis