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Email this article: Economic soft patch hurting commodities, gold continues to frustrate bulls
Posted: Sun May 6, 2012 12:18 pm
UAE. Economic activity during Q2 is showing signs of a slow-down. Of concern is especially US economic data and uncertainty about the political direction in China combined with data pointing towards a further fall in its economic output.
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INTERNATIONAL. Whether Putin is in real trouble is not something I can be certain of, but too many things have gone wrong for him lately for me not to consider the possibility. And as in any political crisis, more and more extreme options are contemplated if the situation deteriorates.
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