In this newsletter:
Benchtest 11.2014, our investment market commentary and the geopolitics of oil, news from Namfisa and more...
The broader market has maybe not been as volatile and has not had as sharp a peak and a trough before and after the financial crisis, as the oil price, the close correlation, however, is quite evident. On its way down, the broader market is also likely not to bottom out as low as the oil price, but where will the oil price bottom out?
As little as we were convinced then of the peak oil theory suggesting that declining resources and increasing consumption caused the increase, we are convinced that the sharp increase in US production through fracking is the reason for the sudden decline in the oil price. US production is still minute relative to global production and it is produced at a cost making it in many instances already uneconomical at today's oil price.
News from Namfisa
News from the market
In this article the author explains that humans require a certain amount of stress to perform optimally but that excessive stress over extended periods actually achieves the opposite. He lists the following 10 methods applied by successful people to manage stress:
Read the useful advice by Dr Travis Bradberry, author and cofounder of TalentSmart, on LinkedIn, here...