Up 9.5% over 12 months, the Liv-ex 100 Fine Wine Index (below) has clawed back some of last year’s losses, when the industry’s main benchmark index fell 14.6% in 2008. So should you be piling into the fine wine market?

Fears of a global recession and persistent concerns about the banking sector lifted the U.S. dollar on Monday as global stocks mostly faltered and oil prices shot higher on expectations of another OPEC output cut.

Japan dominates news wires…  US retail sales to drop… Russia devalues the ruble again…  And Now… Today’s Pfennig!

In the energy market Monday, crude for November delivery tanked, closing at $87.81/barrel, down $6.07. November reformulated gasoline fell 16.9 cents, to $2.0591/gallon. Crude’s close was its lowest in 8 months, as the bears solidified control on fears the recession will be deep and global.

Short-term speculators are selling Asian stocks in their droves. No more so than in my favourite market of them all: Vietnam.

Prices should remain more or less stable when the supply of money increases at the same rate as the supply of goods and services.

Questioning the Fed’s moves… Euros slow down… Aussie hits 25-year high… Oil hits $135!

Hedge fund managers are piling money into Asian markets. It proves something we at Profit Hunter have believed for months…Asia has bottomed out!

There has been little said about BHP Billiton Ltd.’s (BHP) attempted takeover of Rio Tinto PLC (RTP) in recent months, but the proposal is far from dead.

Markets across the world rally… Just a short squeeze… or a meaningful rally? Lots of action in oil and gold… Gulf power crisis is real – and growing…