From the monthly archives:
My cycle work strongly suggests an important low in oil may already be at hand, or at worst, very close. Take a look at this chart, made from my cycle studies on oil. You can clearly see the dominant cycle shown on the chart indicates we may be at a major low RIGHT NOW.
I’ve been [...]
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I know China has taken its lumps in the last year. But despite all the bad news you’re hearing about China, I maintain that China is not in anywhere near as bad shape as the press and other pundits are leading you to believe. I’m back on-the-ground in Asia now and lots of exciting things [...]
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Jan 6, 2009 (WALL STREET JOURNAL) — In an early sign that some steel prices may have bottomed out, steelmakers in the U.S., China and some other countries are attempting limited price increases and reopening a handful of mills that were closed because of weak demand a few months ago.
It isn’t clear whether the price [...]
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Jan 5, 2009 (WALL STREET JOURNAL) — As the U.S. seeks to stockpile oil, China has been doing the same, observers say, and is expected to quicken the pace — a development that already may be helping to boost oil prices.
On Friday, the U.S. Department of Energy said that amid low oil prices, it aims [...]
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Jan 6, 2009, BEIJING (REUTERS) — China’s economy will probably grow by about 8 percent this year, the central bank’s research bureau and other economists forecast on Tuesday, the latest expressions of confidence that authorities can engineer a soft landing.
Many independent analysts have predicted a sharp slowdown for the world’s fourth-largest economy, to as little [...]
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