Any tightening of regulations could boost deepwater exploration and
development costs by about 10 per cent, to $25 a barrel, according to a
recent Deutsche Bank analysis.
If you have read the latest forecast for the 2010 Atlantic Basin
hurricane season by renowned Colorado State University scientist William
Gray then you may be feeling quite nervous this time of year. And
understandably so.
The genie granted the equity market three wishes. The first wish was
that the recovery is gaining strength, unemployment is falling, payroll
and new home sales rising.
The equity markets continue their powerful rally with North American
markets up around 40 per cent over the past twelve months. But this
pales into insignificance when you see the returns for overseas market.
One of the Christmas offerings from Hollywood was the mother of all
disaster movies called 2012. Hollywood is surely taking advantage of
both the popular fears and pessimism that abounds in the current
climate and the Mayans lack of foresight in extending their calendar
beyond 21st Dec 2012.
Another New Year
January 6, 2010 Hope your start to the New Year wasn’t as bad as your archetypal
Glaswegian probably had. Mine was pretty good, if woolly, but at least
I didn’t wake up on a park bench wondering where my front teeth were.
Keeping track of the state of the markets and the economy can be a challenging task at the best of times, but the news flow from the press can make this even more difficult. As an example I quote from the Financial Times from 17 October: “Mounting optimism bolsters markets’ moods”.