Topic: Gulf of Mexico

John Hussman: Oil and Red Ink

As we observe the recent oil spill in the Gulf of Mexico, the recent banking crisis, and the ongoing concerns about sovereign debt in Europe, one of the things that strikes me is that few analysts are much good at assessing probabilities ...
Risk aversion has increased with equity markets internationally under pressure due to the poor Chinese manufacturing data and continuing sovereign debt concerns in the eurozone. The growing environmental catastrophe in the Gulf of Mexico may also have ramifications for markets. The financial ...