Long-term declines in Mexico’s liquids supply, OPEC forecasts.

Photo: Adonyi Gábor on Pexels In addition to it, the rating agencies see a deterioration of Pemex’s credit profile OPEC’s World Oil Outlook 2020, has forecast that Mexico’s liquids supply will see a long-term decline that will put the country’s production below today’s output, despite the importance that the Mexican government has placed upon reviving …

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Economy down, Market up, Does it make sense?

Photo by Zdeněk Macháček on Unsplash        While the economy registered a significant drop in this quarter, the market indexes skyrocketed. The fastest 30% drawdown in the history of global equities in the first quarter, followed by the most substantial 50-day advance in market history in the second quarter.  It proves that markets are driven …

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Balance of Payments

U.S. International Transactions, First Quarter 2020 and Annual UpdateCurrent Account Deficit Narrows by 0.1 Percent in First Quarter Current Account Balance, First Quarter The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents …

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