Highlights of the week of February 2, 2015

Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of February 2, 2015: Oil post best week since 1998. Teva Pharmaceutical Q4-2014, Net Income increased with 78%. USA[…]

As goes January 2015, so goes 2015?

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of January 26 and the month of January 2015. And we will try to find an answer to the[…]

The ECB Bazooka of January 22nd, 2015

Dear PGM Capital Blog readers, On Thursday, January 22nd, the “European Central Bank“ (ECB) ‘took out the bazooka’ with bigger than expected QE stimulus package. The ECB chairman, Mr. Draghi, said the ECB would buy a total of €60 billion a month in assets including government bonds, debt securities issued by European institutions and private-sector bonds. The purchases[…]

USA National Debt Surpassed 18 Trillion US-Dollars

Dear PGM Capital Blog readers, On Friday November 28th, the national debt of the United States officially surpassed 18 trillion US Dollars, of which the debt held by the public rose to US$12,922,681,725,432.94, an increase of US$32 billion in one day, as can be seen from below screenshot. The Congressional Budget Office (CBO) released two startling reports[…]

Oil & Commodities prices at 5-Year Low

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you why Oil and commodities prices are falling and are now at a 5-year low. CRUDE OIL: Oil futures on Friday, November 28th, settled at their lowest level in five years as the Organization of the Petroleum Exporting Countries’ decision to keep[…]

Highlights of the week of November 17, 2014

  Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of November 17, 2014: Japan Back into Recession: China Lowers Interest rate: Russia continues to expand its Gold[…]

The USA Job Report of October 3 2014.

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you the USA September jobs report, which came out on Friday, October 3rd 2014.  On Friday October 3rd at 8:30 am EST, the USA Bureau of statistics (BLS) reported that USA Economy has created 248,000 non-farm jobs in September 2014, which beats analysts’[…]

The Alibaba IPO of September 19 2014

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you, the “Alibaba Group Holding” that went IPO on Friday September 19, 2014. ABOUT ALIBABA HOLDING GROUP: Alibaba Group Holding Limited (NYSE: BABA) is China’s largest retailer. Originally founded 1999 by an English schoolteacher by the name of Jack Ma, Alibaba has carved its[…]

Highlights of the week of September 1, 2014

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of September 1, 2014: PetroChina reports H1-2014 financial results and declares dividend. ECB lowers key rates, launches asset purchase[…]

Highlights of the week of August 25, 2014

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of August 25, 2014. Burger King acquires Tim Hortons and moves to Canada. Sinopec reports blockbuster earnings. Palladium closes[…]