The kangkong land economy may be heading to doldrum, doesn't mean other countries as well.

Foreigner should be having external account and different rules apply.

Russia will likely encourage opec to tighten production further and arabs are likely to concur; while russia, u.s and europe are pumping more than ever.

This post has been edited by icemanfx: May 5 2017, 12:09 AM

If crude oil dropped below $40 will be beneficial to consumers, companies (non o&g) earning and aggregate economy; GDP growth in g7 countries will accelerate and more sustainable.

This post has been edited by icemanfx: May 6 2017, 01:23 PM

It read like some syndicate is persuading opec to limit production; while they increase their output and market shares. it may take a while for arabs to realize the game.

This post has been edited by icemanfx: May 11 2017, 12:35 AM

In the short run, stock market is on random walk.

What is the right thing? oil price up or down?

If Trump is impeached, the market is likely to rise. However, impeachment is unlikely until after mid term election. The more scandals trump embroidered​ in, the more likely he will be impeached.

This post has been edited by icemanfx: May 17 2017, 09:06 PM

With Saudi u turn on austerity measures and expected worsening fiscal deficit, it may lead the oil production increase sooner than expected.

This post has been edited by icemanfx: May 17 2017, 09:26 PM

Opportunity to pick up some brazilian adr.

Legendary short seller Jim Chanos lambasted a "dysfunctional" Trump administration, saying the markets hope that Vice President Michael Pence becomes president.

https://www.bloomberg.com/news/articles/201...mp-as-president

Judging from China plc reported aggregate profit; bank loan growth vs bank profit; wealth management product growth; many plc are depending on real estate for reported profit, etc; current debt level is unsustainable.

When fed rise rate, China will either follow or have rmb depreciation. Pboc is more inclined to maintain rate mean rmb will depreciate against usd, inflation could rise, which likely lead to loss in purchasing power.

One could expect more financial scandal and bonds default in coming months. If aftershocks didn't rock the foundation, could expect policy change after 19th cpc congress.

Believe interesting time is coming from the middle kingdom, it will be more drastic and prolonged than Japan in 1989.

This post has been edited by icemanfx: May 22 2017, 08:14 PM

GOP is pro big business, the rich is getting richer and the poor will be poorer. instead of drain the swamp, trump is more likely to flood it.

Why would incident in manchester effect u.s stock market?

The fundamental and underlying factors remain unchanged.

Prof Robert Schiller's model predicted the fall of 2000 dotcom bubble, 2006 US property market and similarly on kv property market.


This post has been edited by icemanfx: May 24 2017, 01:04 PM

Statistically etf will perform better.

OPEC is almost certain to announce production cut. The question is how many producer will adhere to the agreement.

Qatar supporting isis is nothing new.

Won't be surprise they will break OPEC agreement and pump as much oil as possible.

This post has been edited by icemanfx: Jun 5 2017, 04:00 PM

Saudi can cut as much supply as she wants, the shortfall will be filled by shale, iranian and russians.

It seems OPEC has dig itself between the rock and the hard place. Price likely to stay at this level or lower for extended period.