Peter Cooper has been an award winning journalist for 32 years and was formerly a partner in AMEInfo.com, sold in a private equity deal in 2006.
Peter is the author of three books; 'Opportunity Dubai: Making a Fortune in the Middle East' was a best seller. He was a European Commission ...
more Peter Cooper has been an award winning journalist for 32 years and was formerly a partner in AMEInfo.com, sold in a private equity deal in 2006.
Peter is the author of three books; 'Opportunity Dubai: Making a Fortune in the Middle East' was a best seller. He was a European Commission administrative trainee, and is a former editor of the ArabianMoney newsletter and Gulf Business magazine.
He lives in Dubai and Budapest.
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Latest Comments
Is Goldman Sachs Too Pessimistic In Forecasting A 10% Gold Price Hike?
US billionaire investor
UK May Survives, Aussie Economy From Bad To Worse
No deal Brexit is dead in the water as it has to go back to parliament for approval via the mechanism of another no confidence vote (which would be lost this time), see:
seekingalpha.com/.../4234297-deal-brexit-will-never-pass-u-k-parliament
By default that makes a postponement of the Brexit inevitable as to hold an election or referendum or more negotiations will take months. However, the EU27 have to approve the reason for the extension so that takes us down to an election or referendum. Given that the government would likely be slaughtered in an election the referendum emerges as not only the least worst, but the only possible outcome. Buy £ but sell sterling assets as a high pound will hit stocks and house prices hard.
Brexit: Betting Markets See Near Coin-Flip Odds Of A Second Referendum, “Plan B” On Tap
Traders are right about the no deal Brexit being off the table. Indeed, unless I am missing something - and I have not had any comment yet saying this is wrong - then the odds are more like 100% against this option, see:
seekingalpha.com/.../4234297-deal-brexit-will-never-pass-u-k-parliament
ECRI Weekly Leading Index Update: YoY At 6+ Year Low
Consumer sentiment reports are strongly negative. That's 70% of the US economy, and suggest the bear market rally is just that, see:
seekingalpha.com/.../3424272-consumer-sentiment-unexpectedly-tumbles
Stocks And Precious Metals Charts - Risk On - Us Markets Closed On Monday
US consumer sentiment reports are strongly negative suggesting the rally is just a bear market rally - a classic dead cat bounce - consumers are 70% of the US economy and you can't have a recovery without them:
seekingalpha.com/.../3424272-consumer-sentiment-unexpectedly-tumbles
Wall Of Worry?
Consumer sentiment that drives 70% of the US economy strongly suggests this is only a bear market rally, see:
seekingalpha.com/.../3424272-consumer-sentiment-unexpectedly-tumbles
This is way more important that hot air from trade talks...
January Rally Mirrors December Panic
Recent US consumer confidence surveys suggest this is a dead cat bounce rally. You can't have numbers like this and an economic rebound as the consumer is 70% of the US economy, see:
seekingalpha.com/.../3424272-consumer-sentiment-unexpectedly-tumbles
Souring, Not Soaring
Agreed, thought the slump in US consumer confidence is far more important than China as it is 70% of the US economy, see:
seekingalpha.com/.../3424272-consumer-sentiment-unexpectedly-tumbles
Stocks Rally, But Fundamentals Get Worse
Consumer sentiment is slumping and that's 70% of the US economy, see:
seekingalpha.com/.../3424272-consumer-sentiment-unexpectedly-tumbles
That's far more significant than Chinese trade talks!
Is Goldman Sachs Too Pessimistic In Forecasting A 10% Gold Price Hike?
I see Sam Zell has just bought gold for the first time ever. Now there is an opportunist worth following!