ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on May 20, 2014. Click here to read the entire piece.) The miners of iron ore spent the last few years ramping up production capacity, and now they are ramping up production. The price of iron ore has steadily fallen in 2014 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 27, 2014. Click here to read the entire piece.) The Australian dollar (FXA) has been incredibly resilient in recent weeks. Weak economic data from China and concerns about excessive debt in the Chinese economy have barely dented the recent momentum. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 9, 2015. Click here to read the entire piece.) {snip} China looks likely to drop that next shoe on the the iron ore market. According to Reuters: “China is drawing up plans to subsidise its struggling iron ore sector, official … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 12, 2015. Click here to read the entire piece.) When I last wrote about the colorful CEO of Cliffs Natural Resources (CLF), Lourenco Goncalves, he was lambasting the Australians for manipulating their currency as a last desperate measure to save … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 20, 2015. Click here to read the entire piece.) I extend a hat tip to the Sydney Morning Herald for alerting me to the incendiary comments made by Lourenco Goncalves, the Chairman and Chief Executive Officer of Cliffs Natural Resources … Read more