Delta Bank in Ukraine where MBT held $1.4UAH (Ukrainian Hryvnia) or $60 million U.S. dollars in cash and deposits at the end 2014 has declared insolvency.
Vol leads the market lower. The market seems to run into trouble every-time we hit 13 on the VOX or lower over the last 6 months.
The Brent WTI spread is +2.00$ this Am as talk that gulf production increasing and that downturn in oil prices will have minimal impact on GOM crude according to EIA.
Get a jump start on this week’s trading with Tim’s thoughts on inflation and how to play it.
Coke: Im Lovin it!
McDonald’s and Coke, they go hand in hand (much like their lesser cousins Burger King and Pepsi) in many ways. You were either a McDonald’s guy or a Burger King guy growing up and if you were a
Argentina has been the expected roller coaster for investors over the last 30 months (see chart of the Merval) as the political pendulum has swung back and forth on change and willingness to negotiate in good faith with western creditors.
With a quiet start to the week on US and many European holidays we draw your attention to the Russell 2000 Index which often acts as a good proxy for emerging markets because of volatility and the view on liquidity risks associated with smaller cap stocks.
…Not Yet. Look at the chart of the EEM and you can see we continue to find slightly higher low points