Market Pulse
A Half-baked Cure For The Economy
Last week, the market opened with a somber mood, given the many ominous signals investors have to deal with. For one, almost out of the blue, the Brent oil price jolted analysts, touching above US$70 per barrel, up 55 percent from its January price of around US$45 per barrel. Many analysts are wondering: is the cheap-oil era so short-lived?
Another worrying development, Greece's negotiations with its creditors have practically reached a dead end. Its expulsion from the EU and the euro is more likely now. Such an exit, which might happen within the following weeks, will cause a quake with unpredictable magnitude across the globe.
May 12, 2015
A Half-baked Cure For The Economy
Last week, the market opened with a somber mood, given the many ominous signals investors have to deal with. For one, almost out of the blue, the Brent oil price jolted analysts, touching above US$70 per barrel, up 55 percent from its January price of around US$45 per barrel. Many analysts are wondering: is the cheap-oil era so short-lived?
Another worrying development, Greece's negotiations with its creditors h
...