Posts Tagged ‘commodity’
Oversold US Dollar threatens stock, commodity, bond prices
Friday, September 25, 2009 19:01 1 CommentWhen we wrote “Inflating a Bull Market,” we mentioned the inverse relationship between the US dollar and stock prices. In March, the US dollar peaked from overbought levels and began to decline. At the same time stocks bottomed from oversold levels and began to move up. The reason is simple – Stocks are priced [...]
Russian Stock Market Collapses; Trading Halted
Tuesday, February 17, 2009 11:17 4 CommentsThe Russian stock market collapsed today, causing the RTS and the Micex stock exchanges to suspend trading for one hour at 4:05 p.m. Moscow time. The RTS stock index, which is denominated in US dollar, plunged 9.4%, while the ruble-denominated Micex stock index fell 9.6%. The decline in Russia followed a tumble in oil prices, [...]





















