Broomer's Blog

What’s up with the oil market?

Last year’s collapse in the oil price has been well documented. We were unsurprised by the bounce and subsequent stabilisation in price over the first half of the year. However

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The Great Fall of China

The Chinese stock market peaked in June, ever since share prices have suffered a monstrous reversal.  With p/e ratios for glamour stocks reaching well into triple digits, this isn’t a massive shock.  What has been a surprise is the ham-fisted measures employed by the authorities to try to arrest the declines.  Measures such as bans on short selling and the establishment of support funds were soon superseded by increasingly farcical actions such as the arrest of 200 individuals for heinous crimes such as scaremongering blogging and the writing of emotive newspaper articles.

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