The Free Market Is Dead – Goldman Says China Is A Buy! – David Stockman’s Contra Corner 07-20-15

Salient to Investors: Michael Pento at Pento Portfolio Strategies writes: In not allowing participants to sell stocks, China has fallen off the free market wagon. The same China that believes that economies grow by building empty cities. China’s actions are the antithesis of capitalism and free markets so it shocking to

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Goldman: Here’s Why Oil Crashed—and Why Lower Prices Are Here to Stay – Bloomberg 02-11-15

Salient to Investors: Sven Jari Stehn at Goldman Sachs said: The massive supply shock in half2 2014 accounted for most of the oil price decline, joined by slowing demand in December and January. Since the stock market is a good indicator of economic demand, when stocks move in tandem with oil

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Goldman Sees Global LNG Projects at Risk as Demand Growth Slows – Bloomberg 10-01-14

Salient to Investors: Mark Wiseman et al at Goldman Sachs said: LNG projects in Africa, Canada and Australia face delays or cancellations as global demand slows, US output increases, nuclear reactors restart in Japan, China’s success in shale-gas E&P, and economic conditions in ASEAN. Global demand will compound at 5%

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Investors Head for Exit as Commodities Extend Slump – Bloomberg 09-30-14

Salient to Investors: Investors pulled the most money from US ETPs backed by raw materials since April. US corn and soybean crops are the biggest ever, global stockpiles of nickel are at an all-time high, the US is producing the most oil since 1986, while China is headed for its slowest

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Dollar Rally to Gain Fuel as ECB Talks Stimulus, Goldman Says – Bloomberg 09-25-14

Salient to Investors: Robin Brooks at Goldman Sachs said: The dollar’s rise is small in historical and economic terms as many traders wait/hope for a pull-back which won’t come. Euro-dollar levels are not remotely pricing in the kind of balance sheet expansion that Draghi talked about in September, so future ECB press conferences

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