Perhaps 60% of oil prices are speculation Goldman Sachs and Morgan Stanley today are the two leading energy trading firms in the United States. Citigroup and JP Morgan Chase are major players and numerous hedge funds speculate. In June 2006, the senate investigation estimated that of oil traded in futures... (more...)

Patterns about spending behavior were studied since the dawn of equities, and everything from underwear, to mini skirts, to superbowl were analyzed in terms of consumer behavior.  In particular watch were consumer thriftiness to over extravagance flashiness. 1.Mini skirt hemline indicator n 1926,... (more...)

Jim Rogers: S&P Could Go to 50,000 From The Business Insider, June 3, 2009: Ahh, Jim Rogers, always good for a nice headline (see: above). In an interview with the Economic Times of India, the famously dramatic and bearish investor, hits on all his favorite themes, like the collapse of the West,... (more...)

THE PHILIPPINE Stock Exchange (PSE) has deferred plans to adopt a new trading system along with extended hours, moves it had said were aimed at luring investors. "I do not know yet when we are going to implement afternoon trading. The new trading system should go first, if not be simultaneous... (more...)

update Refund of DST on Secondary Trading - dst law signed by pgma june 30, 2009.  all dst collected since march 20 2009 will be refunded as by law! broker will submit refund request form to AAB authorized agent banks. In the year 2003, The Documentary Stamp Tax Bill 2158 authored... (more...)

An international manhunt is underway for a New Zealand couple who have allegedly fled the country after a banking blunder accidently landed nearly $8 million in their account. The couple, who ran Rotorua's BP Barnetts service station on Old Taupo Road, are Leo Gao and Australian girlfriend Cara... (more...)

This businessmirror article by Zoilo Bingo Dejaresco actually answers the previous article's dilemma, or more like quagmire, on why the Philippines will take 175 years to catch up on other countries in terms of GDP.  This article here actually sums up the cause of our self inflicted poverty,... (more...)

Most of us in touch with reality know how our country lags as compared to other previously third world countries when we see their infrastructure, political system, economic reaping, etc., but to actually get this figure of 175 years behind from the ADB. wow! It would take nearly two centuries for the... (more...)