Does The Rise In Oil Prices Tell A Wider Commodities Story?

On the latest edition of Market Week in Review, Mark Eibel, director, client investment strategies, and Sophie Antal-Gilbert, consulting director, discussed the rising trend for the price of oil and other commodities. Eibel labeled commodities the forgotten asset class and presented oil as a classic example of supply-and-demand. According to Eibel, there have been oil output cuts,…

Trade War Is The Biggest Tail Risk

Empire State Index Is Very Disappointing The general business activity reported in the April Empire State Index was ok as it fell from 22.5 to 15.8. This missed expectations for 18.2. This decline signals the manufacturing index is weakening from the rapid growth pace seen in Q1. The new orders index was even weaker as…

Strategery

Ok, this was a hell of a week in many respects and that shouldn’t exactly come as a surprise because after all: Exactly. Thank you Mr. President. Here’s how things shaped up for U.S. equities which fell hard to close things out on Friday:   Monday brought the Sean Hannity bombshell and all the jokes…

Here’s What To Watch In Crude Oil Right Now

After experiencing weakness in February and March, crude oil spiked to three-year highs in April due to geopolitical fears associated with the Syria bombing campaign as well as falling inventories. Earlier today, President Trump tweeted that OPEC was to blame for “artificially Very High!” crude oil prices, which he said are “No good and will not…