Business and financeButtonwood's notebook

Why the falling oil price isn’t hurting markets

INVESTORS could easily get confused about the impact of oil-price rises on the economy and markets. The story seemed to be clear: high prices bad, low prices good. The two great oil shocks in the 1970s were unambiguously bad for Western economies—ushering in stagflation and transferring spending power to the oil-producing countries. In turn, low oil prices in the late 1990s coincided with the dotcom boom.

But when oil fell in the second half of 2015, that was seen as a bearish sign for the global economy and markets. Now oil is falling again, with both Brent crude and West Texas intermediate dropping more than 20%. But the decline has barely made a dent in the upward march of the S&P 500 index.

The key to the differing market reaction is why the oil price is falling. Back in 2015, the fear was falling demand. Investors worried in particular that the Chinese economy was slowing. If that assumption had been right, demand for much more than oil would have suffered. The equity markets did not…Continue reading

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Dimension Data puts its muscle behind Apple in the enterprise

Yet another big cheese in enterprise IT has climbed aboard the Apple wagon, with Dimension Data joining IBM, Deloitte, Cisco, SAP, JAMF, and others in offering services to help big business pick Apple’s for their mobile enterprise.

Enterprise ready

“We understand our clients need a strategic approach to mobility – one that merges the world’s best user experience through Apple devices with full enterprise capabilities,” said Joe Manuele, Dimension Data Group Executive, Customer Experience and Collaboration, announcing the deal in June.

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