With a dearth of major economic releases and news, volatility in the interest rate and equities markets calmed somewhat this week, all producing small changes through Friday’s close. The uncertainty of the overhang of $1.9 trillion…
Well, not literally, because that is surely still happening. Rather, this title figuratively refers to the Federal Reserve’s official release, through its Federal Open Market Committee (FOMC) and through the…
The U.S. economy appears primed to recover from the COVID-19 slump much faster than others, causing havoc in the bond markets this week and potentially exacerbating the kind of imbalances…
Crude inventories at Cushing have decreased by over 10 MMBbls or 300 MBbl/d during January, while PADD 3 (Gulf Coast) inventories also declined by 12 MMBbls. Collectively, Cushing and PADD…
Crude prices have soared about $10/Bbl or 27% in November after positive vaccine news and an anticipated delay to OPEC+ supply releases. The shape of the WTI forward curve has…
Democrat and former Senator and Vice President Joe Biden looks as if he has the advantage in reaching the 270 Electoral College votes required to become the next President of…
With the recent moves in LNG, we decided to change a few assumptions in our proprietary supply and demand model. If LNG maintains recent rates, the extra demand would easily…
The chances for a pre-election stimulus for the U.S. economy from Congress are all but over, with Treasury Secretary Steven Mnuchin pointing to political dynamics undermining the months-long negotiations. With fiscal…
No soap opera has had the daily twists and turns seen in American politics and markets over the past ten days. Market volatility has picked up while investors are whiplashed…
U.S. markets were whipsawed this week by speculation over whether a fiscal stimulus deal would be reached, along with the news of President Trump’s case of the coronavirus. Talks between…