US Markets Seem Undecided

DAILY BASKET – NEWS COMMENTARY

US Markets Seem Undecided

MARSAL COMMENTS: After the Fed’s interest 0.25% rate raise, US markets seemed to continue with their upward move. However, they reflected some indecision. S&P 500 closed the week up, but it did fall the last couple Continue reading “US Markets Seem Undecided”

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US Fed indicates likely interest rate rise soon

DAILY BASKET – NEWS COMMENTARY

US Fed Indicates Likely Interest Rate Rise Soon

MARSAL COMMENTS: The Fed (US Central Bank) is making noises that it may raise interest in its meeting scheduled for March 15th. The US market has been expecting this for some time and did not react too badly, but remained flat and choppy (Friday March 3, 2017). While world markets Continue reading “US Fed indicates likely interest rate rise soon”

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ADDENDUM TO: Yesterday’s article on Electricity Rate Increases

ADDENDUM TO: Yesterday’s article on Electricity Rate Increases

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Yesterday’s article on electricity (The Petrol Price Hike is Peanuts) created quite a stir, and probably generated plenty of questions. And on the advice of our friend, Mr. Abdul Rahman Al Houty, we herewith add some more information to add clarity to a difficult subject. (However, this does not eliminate the need for a full-fledged in-depth study of the issue).

NOTE: Like all averages, these are very rough indications. Each is based on separate assumptions that may or may not be relevant to our case.
House size, family size, climate, etc. are based on other countries and societies which are different to the Kuwait and the Gulf. Continue reading “ADDENDUM TO: Yesterday’s article on Electricity Rate Increases”

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