Archive for May 17th, 2010

Goldman Sachs Chief Global Economist Jim O’Neill On Euro

I have to say I usually don’t agree with the guy, but I have to say that now he is probably on the mark: “The simple misconception is people trying to equate pure economic logic with social political reality,” O’Neill said in an interview from his office in London today. “The Germans and French are […]

Rig Count Weekly May 17, 2010

We had 16 more oil drilling rigs operating and 2 natural gas operating rigs less for the week ending May 14 in the U.S. Chart 1. Baker Hughes U.S. Rig Count Change Chart 2. Baker Hughes Weekly U.S. Rig Count Chart 3. Baker Hughes Monthly World Rig Count

New Week Intro May 17, 2010

Important U.S. earnings this week: Monday: Agilent Technologies (A), Valspar (VAL), Lowe’s Companies (LOW) Tuesday: Dick’s Sporting Goods (DKS), Analog Devices (ADI), The TJX Companies (TJX), Abercrombie & Fitch (ANF), Wal-Mart Stores (WMT), The Home Depot (HD), Hewlett-Packard Company (HPQ) Wednesday: Eaton Vance (EV), Chico’s FAS (CHS), Synopsys (SNPS), PetSmart (PETM), Autodesk (ADSK), Polo Ralph […]

Dry Bulk Weekly – May 17, 2010

Another strong week for dry freight. Baltic dry index rose 8.9% last week, again on the back of 10.5% Capesize Index gain. Panamax, Supramax and Handysize Index also recorded gains, but underperformed the broader index suggesting that iron ore is the game. On the positive side we have China steel inventory coming off, decreased China […]


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