Ngoc Tran Bich

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Why a 26-year-old analyst has managed to rattle Wall Street

On Sept. 9, Reuters reported that Kevin Kaiser of Hedgeye Risk Management had sent shares of Kinder Morgan, North America’s third largest energy company, reeling 6%. Kaiser had emailed clients advising them to short the stock (i.e., bet it would fall). The following day, Kaiser published a full …

Kinder Morgan

Gold Is Just Having A Terrible Day

The sell-off in gold has gotten worse this afternoon.<p>Right now, the yellow metal is trading around $1323 an ounce, down 3.0% from yesterday.<p>Moments ago, it hit the lowest level of the day at $1322.20.<p>Société Générale strategists told clients earlier this week that the bounce in gold is over, and …

Stock Markets

The shares that are gaining from the weak pound

Companies are reaping the rewards of the pound’s fall against the dollar so far this year – and there could be further profits as the trend continues.<p>Since January sterling has lost 7pc against the greenback, as summer holidaymakers in America will be only too aware.<p>Currency analysts warned earlier …

India rules out night-time fuel pump shutdown

<b>India is not considering a proposal to shut fuel pumps at night as it looks at ways to cut its oil import bill, Oil Minister Veerappa Moily has said.</b><p>Earlier reports quoted Mr Moily as saying it was one of the options the government was mulling.<p>India's oil imports are one of the biggest contributors …

India

The death of the car industry is about more than statistics

Analysts who think it would be better if the industry died quickly need to consider the trauma to workers and their families<p>Regardless of which party wins the election, the economy will remain in a great state of flux. The problems created by the end of the investment side of the mining boom, the …

How Bad, Really, Is India's New Food Security Bill?

Last week India’s lower house of Parliament passed sweeping legislation guaranteeing cheap grain for 67% of the country’s population.<p>Under the plan, the government will provide subsidized wheat and rice.<p>The bill, which is expected to become law in the coming days, will likely create the world’s …