global

globalisation 2

The Continued Collapse Of Globalisation

UBS | Global trade in goods and services has risen to a record share of the world economy in real terms. In nominal terms it has stagnated – which basically tells us that the price of traded goods and services is falling relative to the price of non-traded goods and services. Hardly surprising given where oil is.


crosissier

“The Idea That Oil Is In Scarce Supply No Longer Seems Valid”

Luis Carlos Croissier is a member of the board of Repsol, Spain’s biggest oil company. He recalls that proven global oil reserves are currently double the level they were in 1980. Croissier was also chairman of the CNMV, the stock exchange regulatory body, and responsible for the Spanish bourse’s “Big Bang”, at the end of 80’s. Before that time, he was Industry Minister in Spain’s Socialist party.


EPS

Global EPS could grow 8.4% in 2016

BARCLAYS | Global equities are closing in on their worst quarter since 2011, with a number of factors fuelling fears in an already jittery market.