Economy 52,844 Posted November 1, 2015 Author Share Posted November 1, 2015 The UK economy is a mess. George Osbourne is ruining it. ok i havent see the latest statistics but not long ago the UK and US were the fastest recovering economies of the large Nations Link to post Share on other sites More sharing options...
politicqxs 358 Posted November 1, 2015 Share Posted November 1, 2015 Yellen the Libertarian giving up sodomy and moving to 🇦🇪 converting to ☪ and marrying four girls Link to post Share on other sites More sharing options...
Economy 52,844 Posted November 1, 2015 Author Share Posted November 1, 2015 Yellen the Libertarian i didnt know she identified as a libertarian anyway what does that have to do with raising rates or not? Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted November 1, 2015 Share Posted November 1, 2015 i didnt know she identified as a libertarian anyway what does that have to do with raising rates or not?LIcq has been taking classes at the woolfsmck skoo of nonsense.... like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted November 23, 2015 Author Share Posted November 23, 2015 On November 1, 2015 at 1:12:51 PM, Woolfsmck said: LIcq has been taking classes at the woolfsmck skoo of nonsense.... Lol anyway wolfy what u think of latest projections that US crude proction will fall by 500,000 barrels a day next year while Irans production will rise by the same amount? Seems like indeed they are taking back maret share as expected Here in Canada production growth in oil sands is due to stall in 2020. its funny, because our peojects run on such long cycles (years to set up new projects and many years to depleate each field), we actually feel impacts of todays prices on production only 5 years later the US shale is very short life spaned. When prices rebound production can rise quickly again. I guess thats why they call America the new swing producer haha Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted November 23, 2015 Share Posted November 23, 2015 https://finance.yahoo.com/news/oil-companies-brace-big-wave-220000867.html# Oil companies brace for big wave of debt defaults Some of the money going to Canada from the US right now are investors converting to Canadian currency and buying Canadian oil company stocks. The strategy being that when oil rebounds, the Canadian companies will be one of the first to go up plus the Canadian currency goes up with oil prices. The strong U.S. dollar is also part of the the theory because its cyclical. The dollar will level off or go down again eventually. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted November 26, 2015 Author Share Posted November 26, 2015 On November 23, 2015 at 8:30:54 AM, Woolfsmck said: https://finance.yahoo.com/news/oil-companies-brace-big-wave-220000867.html# Oil companies brace for big wave of debt defaults Some of the money going to Canada from the US right now are investors converting to Canadian currency and buying Canadian oil company stocks. The strategy being that when oil rebounds, the Canadian companies will be one of the first to go up plus the Canadian currency goes up with oil prices. The strong U.S. dollar is also part of the the theory because its cyclical. The dollar will level off or go down again eventually. Depends. If the US raises interest rates faster than Canada (very likely) that will put upward pressure on US Dollar and may offset any value gains Canadian Dollar makes when oil rebounds. We will have to see But Canadian Oil companies are definitely safer. Shale is extremely vulnerable to short term price dips because it runs on short cycles. Quick to set up new fields but they run dry fast. If prices drop and you dont have money to reinvest in new wells production can fall quickly. Already US production is falling Here in Canada oil sands are frustrating and a pain during energy boom times because it takes so many years and so much money to set up a new field so we can never grow production as fast as US shale but when prices collapse, without money for new projects our companies still survive off existing fields because each field takes 20-50 years to depleat. The long cycles of the oil sands may be a pain to expand but they do smooth out short twrm price volatility. Its estimated Oil sands production will not flatten out until 2020 if prices remain low because of projects already under construction companies wont stop now that they started Link to post Share on other sites More sharing options...
Economy 52,844 Posted December 9, 2015 Author Share Posted December 9, 2015 Janet Yellen is due to raise interest rates next week. Wonder how that will affect markets!!! Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted December 9, 2015 Share Posted December 9, 2015 1 minute ago, Economy said: Janet Yellen is due to raise interest rates next week. Wonder how that will affect markets!!! Initially, they will drop. Panic and lets see what everyone else is gonna do will set in for a bit. Then, recovery and a different segment will emerge to drive growth and optimism.......its a pattern. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted December 9, 2015 Author Share Posted December 9, 2015 1 minute ago, Woolfsmck said: Initially, they will drop. Panic and lets see what everyone else is gonna do will set in for a bit. Then, recovery and a different segment will emerge to drive growth and optimism.......its a pattern. I think its so expected that most markets already priced it in the low oil prices and threat of rising rates got my currency down to lowest levels since 2004 today. 1 Canadian Dollar can now only buy 73.6 Cents (US) its not falling against other major currencies so most things arent being affected But food (the main thing we import from America) is surging. Like if the US starts raising rates and we dont, food costs are gonna be a real problem here in Canada... Like real problem. We might have to buy fruits and vegetables from else where Link to post Share on other sites More sharing options...
Economy 52,844 Posted December 17, 2015 Author Share Posted December 17, 2015 So the US Fed finally raised interest rates. Janet Yellen raised it by 25 basis points. It is now at 0.5% The market didnt react much as it expected this move already http://www.theguardian.com/business/live/2015/dec/16/federal-reserve-us-interest-rates-janet-yellen-live Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted December 18, 2015 Share Posted December 18, 2015 On December 17, 2015 at 4:49 PM, Economy said: So the US Fed finally raised interest rates. Janet Yellen raised it by 25 basis points. It is now at 0.5% The market didnt react much as it expected this move already http://www.theguardian.com/business/live/2015/dec/16/federal-reserve-us-interest-rates-janet-yellen-live We're all gonna die a painful death now....8-/ like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted December 18, 2015 Author Share Posted December 18, 2015 1 hour ago, Woolfsmck said: We're all gonna die a painful death now....8-/ well, we did have no rate hikes for years and years and we did QE just to hold the system together maybe higher rates will kill economy lol. If anything the high yield bond market is most at risk Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted December 18, 2015 Share Posted December 18, 2015 4 hours ago, Economy said: well, we did have no rate hikes for years and years and we did QE just to hold the system together maybe higher rates will kill economy lol. If anything the high yield bond market is most at risk One article has property demand spiking up for a short period because potential buyers want to get the rates now before lenders increase their rates. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,844 Posted December 19, 2015 Author Share Posted December 19, 2015 5 hours ago, Woolfsmck said: One article has property demand spiking up for a short period because potential buyers want to get the rates now before lenders increase their rates. That happened here in Canada in 2013-2014. Rates started to rise because of bond market jitters (when the US started tapering QE) and real estate grew even hotter as people waiting on the sidelines for the real estate collapse that never happened jumped in the market fearing higher rates but of course rates fell again and annual home price appreciation resumed normal levels I hope the US enjoys your home rebound. Ours is on the verge of a total meltdown. Well they been saying that for 7 years and it never happens But if rates go up here because of the US Fed and that triggers the bubble to finally burst im gonna blame you guys and Janet Yellen my parents are due to renew mortage in spring it better nit go up till then or they might raise my rent Link to post Share on other sites More sharing options...
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