Over the last few months, the long march of gold prices upward took a turn as markets began to anticipate a rates normalization amid chatter over Fed QE tapering and a reduction in tail risk. RGE commodities strategist Gary Clark appeared on CNBC to explain what to make of massive gold outflows from ETFs, presenting […]
Despite the many negative headlines, 2012 was a good year for markets. Listed below is a rough snapshot of total returns in USD – most asset classes returned double-digits. 2012 was a year to look through pessimism – how did your PA do? I would estimate that Global Financial Wealth rose by $17,500,000,000,000 to $162 trillion (I ignore […]
RGE’s Christian Menegatti and Arnab Das Discuss China Slowdown, Oil Prices, and Potential Fed Action
Christian Menegatti, managing director of economic research at Roubini Global Economics, and Arnab Das, managing director of market research and strategy at Roubini Global Economics, consider the investment implications of China’s impending slowdown, the fear premium on oil prices and potential Fed action.
The January retail price of gasoline broke records, averaging US $3.37 a gallon, according to the Oil Price Information Service. This price compares with the previous record average for the month of US $3.095 a gallon, set last year and a much lower US $2.71 in January of 2010. January is typically a month of […]
Nigeria has dominated broadcasts around Christmastime as Boko Haram attacks killed dozens in many parts of Northern and central Nigeria. The government has upped security spending, declared a state of emergency in a swathe of the country and insisted that it will get the situation under control. This is likely to be difficult as the […]
L. Randall: You present a compelling argument for a commodity bubble. Yes, the financialization of commodities has truly played a role in rising global commodity prices via the many new ETPs (exchange traded products) backed by either commodity futures or physicals, as well as indices and other forms of investible instruments. Yet I wish to […]
Aug. 23 (Bloomberg) — Rachel Ziemba, a London-based senior economist at Roubini Global Economics, talks about the conflict in Libya and the impact on oil production. She speaks with Maryam Nemazee on Bloomberg Television’s “The Pulse.” (Source: Bloomberg) For Rachel’s latest analysis on Libya, please read Libya: Checkmate for Qadhafi? available to RGE clients.
Introduction Uncertainty over the future of nuclear power in Japan and the spectre of power-supply shortages continue to weigh on business sentiment and pose downside risk to Japan’s economic rebound. More than five months have passed since the March 11 earthquake and tsunami and only 15 of Japan’s 54 nuclear reactors are in operation (see […]