Global Economic Review: November 2024

War: Ukraine-Russia   Ukraine’s Eastern Territory Still Being Nibbled Away but Russia’s losses piled higher, hitting 2,000 casualties (dead and wounded) in a day in late November (per the Ukrainian government).  YouTube channels such as Covert Cabal that monitor Russia’s tank, personnel carriers and mobile missile launchers via satellite images…

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November 2024 Sector and Index Performance

During the month of November, Crypto (+42.14%) and Softs (+8.98%) were the top performers. The bottom performers were Metals (-5.48%) and Grains (-3.75%). The bearish performance in Metals (-5.48%) was led by Palladium (-10.44%) and Silver (-5.15%). The bullish performance in the Crypto (+42.14%) sector was led by Ethereum (+46.99%)…

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October 2024 Global Commodity Snapshot

Commodities: Global   OPEC Oil Production Rebounded in October from its lowest point this year as Libya resolved a political crisis, although a further Iraqi effort to meet its pledged cuts limited the increase.  The Organization of the Petroleum Exporting Countries pumped 26.3 million barrels per day (mbpd) last month,…

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Global Economic Review: October 2024

War: Ukraine-Russia   Ukraine’s Eastern Territory Being Nibbled Away but Russia’s losses continued so much so they had to import 8,000-10,000 North Korean mercenaries / comrades to fight.  Ukraine inflicted the first casualties on North Korea in the northern Kursk region, where Russia is trying to take back its territory. …

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