
James A. Dorn
More than 40 percent of imports to the United States today are sourced from Free Trade Agreement-partner countries, the result of FTAs signed with 20 nations over the past three decades. If the United States successfully enters the Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (T-TIP) agreements, the share of FTA-sourced imports will rise above 60 percent.
A snap election held in late January produced a decisive victory for Syriza. This leftist party pledged to force the IMF, the EU, and the European Central Bank — the so-called “troika” — to renegotiate the terms of agreements made by previous governments to obtain emergency loans totaling $280 billion, and gave its blessing to the write-off of about one-half of the country’s near $400 billion public debt.
As expected, the dramatic drop in crude oil prices is having a deep impact on the American Oil industry. As prices for Brent Crude dropped to $44.13 on January 13th, daily industry reports began to reveal the bleak picture for producers and related companies. Despite prices seeming to recover and level off around the $60 range throughout February, the reports of losses, layoffs, and CAPEX cutbacks continue.
The imagined rewards that come with timing markets often tempt otherwise risk-adverse individuals with the prospect of easy money. The same psychology that lures humans toward gambling comes into play when making both personal and professional financial decisions. As tempting as timing the market might be, is it truly the right course for you or your business?
Understand dynamic global markets.
Understand what’s occurred and more accurately assess what’s ahead. Improve your corporate strategic plan, seize the right opportunities, and boost competitiveness and profits.
Informative, analytical and policy-oriented perspectives.
Comprehend the impact of past events and fully grasp and prepare for the challenges ahead.