WTI Crude Oil The WTI Crude Oil market exploded to the upside, slicing through the $75 level, a very psychologically important level. The fact that we broke above there so drastically during the day suggests that we are in fact ready to go much higher. Because of this, I think it’s clear that you can’t…
WTI Crude Oil The WTI Crude Oil market exploded to the upside, slicing through the $75 level, a very psychologically important level. The fact that we broke above there so drastically during the day suggests that we are in fact ready to go much higher. Because of this, I think it’s clear that you can’t…
Quick post – been in Wellington for a couple of days, but back on deck now (before flying off to Singapore next week!). Anyway, here’s a chart I featured in a recent report on global bonds. It’s also one of the resident charts in the global-scan page of my weekly market chart pack…. TO THE…
Quick post – been in Wellington for a couple of days, but back on deck now (before flying off to Singapore next week!). Anyway, here’s a chart I featured in a recent report on global bonds. It’s also one of the resident charts in the global-scan page of my weekly market chart pack…. TO THE…
According to Sentier Research, median household income in the United States rose to $62,685 in August 2018, a 0.4% increase over its July 2018 estimate of $62,450. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through August 2018. The inflation-adjusted figures are presented in terms…
According to Sentier Research, median household income in the United States rose to $62,685 in August 2018, a 0.4% increase over its July 2018 estimate of $62,450. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through August 2018. The inflation-adjusted figures are presented in terms…
All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to…
All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to…
Oil prices continue to rally. “We are moving into a world where you have lower inventories, lower spare capacity and less protection for buyers,” says John Driscoll, chief strategist at JTD Energy Services. “So $100 a barrel has become more likely, whether we get there or not, it might be a little early to say,” he…
Oil prices continue to rally. “We are moving into a world where you have lower inventories, lower spare capacity and less protection for buyers,” says John Driscoll, chief strategist at JTD Energy Services. “So $100 a barrel has become more likely, whether we get there or not, it might be a little early to say,” he…