WSJ: What Is Market Breadth?

By SIMON CONSTABLE

Some stock-market strategists are increasingly concerned about something called “market breadth,” or rather the current lack of it. But what does it mean, and why should you care?

Market breadth is a measure of how many stocks are moving the major indexes. It can serve as one indicator of how much staying power a rally is likely to have. Read more here.

Photo by Mark Finn on Unsplash

Korn Ferry: Coke’s New Caffeine Lift

Almost from its creation over a century ago, Coca-Cola has been synonymous around the world with fizzy, caffeinated soft drinks. But now the company’s leaders want to the company to branch out into a considerably different type of caffeine charge. Read more here.

Briefings: Lessons on Borrowing...$200 million at a Time

By SIMON CONSTABLE

There I was, saying it in all seriousness: “Hey, fella! Can you spare $200 million?” The reply was nonchalant: “Let’s see what we get.” A few hours later, back came $220 million in the electronic equivalent of cold hard cash. The next day, a similar discourse. “How about another $200 million?” “We’ll find out soon enough,” was the response. The result: $195 million to add to the $220 million. Read more here.

BBC TV: No, Globalization Isn't Over

Forbes: Venezuela's Latest Lurch Into Insanity

By SIMON CONSTABLE

Venezuela just lurched from the absurd into the insane.

While the country suffers the brutal effects of hyperinflation, its socialist president, Nicolas Maduro, just mandated that the country's banks now must accept a certain type of cryptocurrency.

It's hard to know how that will help ease its economic crisis. Read more here.

Middle East Eye: Uncertainty around Aramco IPO shows Saudi dysfunction

By SIMON CONSTABLE

The apparent delay in the sale of Saudi Arabia's mammoth-sized oil firm Aramco is a symptom of dysfunctional government, analysts say. 

It is just one example of bizarreness emanating from the kingdom, which says it wants to unhook its economy from oil dependence.

Earlier this month, a slew of conflicting reports broke claiming that the initial public offering (IPO) of the state-owned oil company was either off or delayed. Read more here.

Forbes: Turkey To Face Brutal Credit Crunch

By SIMON CONSTABLE

Not only is Turkey suffering a currency crisis it is now headed for a brutal credit crunch, according to new research. Read more here.