Posted by Michael Sutton | Mar 16, 2011 | Economy
The markets around the world have continued the sell-off first initiated with the turmoil in the Middle East and compounded with the recent earthquake in Japan. While the exchange in Egypt has remained closed, Japan’s opened...
Read MorePosted by Michael Sutton | Mar 15, 2011 | Economy
Initial thoughts from the investment community are that the earthquake could increase inflationary pressures for basic goods, while at the same time reduce demand in the short term for oil. It’s possible, but surely not the...
Read MorePosted by Michael Sutton | Mar 11, 2011 | Economy
No one was immune to the pain in world markets Thursday. The S&P50 dropped 1.89%, the Brazilian BOVESPA shed 1.82%,and the local Colombian Colcap slipped 2.10% on high volume of $191 million. ETB and Fabricato bucked the...
Read MorePosted by Michael Sutton | Mar 9, 2011 | Economy
A general lack of any new economic news and the continued conflict led to a slight sell-off in international markets today. The S&P500 was down 0.14%, while other markets took marginally higher losses on the day. The...
Read MorePosted by Michael Sutton | Mar 9, 2011 | Economy
Although the fighting has continued in Libya, and oil production there has dropped more than 1 million barrels per day, the market seems resigned to accept the turmoil as international markets were up and oil slid back from...
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