The Department of Energy’s Energy Information Administration (EIA) monthly data on volume sales is several weeks old when it released. The latest numbers, through mid-May, are now available. However, despite the lag, this report offers an interesting perspective on fascinating aspects of
August 21, 2018
Yield Curve Flattens Again Even though the stock market is within 1% of its record high, the 10-year yield fell 4 basis points to 2.82% on Monday as it is following my prediction. Growth probably won’t get much higher than
I suppose it’s only fair. After all, they started it. Earlier in the year, Federal Reserve officials including Chairman Jay Powell suggested it was all Trump’s fault. The abrupt difficulties presented by the dollar were, they said, the result of tax
WTI rallied up to tag $68 (Sep) stops intraday, as a U.S. plan to sell strategic oil reserves highlighted concerns about tightening global supplies, ahead of tonight’s API report. After fading into the print, WTI rebounded after API reported a bigger than
“Davidson” submits: 2yrs ago I sent a note about the imbalance in rental vs single family homes due to Dodd-Frank policy. This will reverse if Jelena Williams, new Chairwoman FDIC, normalizes Dodd-Frank mtg rules to let millennials to buy homes.
Middle of summer and if you ever needed an excuse not to trade, today was probably it! Volumes were so poor they hardly registered a change in markets. Although the Nikkei started lower, it spent the rest of the day
“I think I’m signaling something a little bit shocking to Americans, and to myself, actually. Which is the situation we find ourselves in at this moment, this week, is very strongly reminiscent of the situations we’ve seen many times in
TRADING THE NEWS: NEW ZEALAND RETAIL SALES EX INFLATION Updates to New Zealand’s Retail Sales report may fuel the recent recovery in NZD/USD as household spending is expected to increase by 0.3% versus the 0.1% during the first three months of 2018.
A worldwide rally. Lifetime highs on almost all important U.S. stock indexes. Turkey is a faded memory, and any moment now, China could announce they are best-trading-buddies-ever with the U.S. sending the Dow 500 points higher instantly. Even with all
Many are out making a big deal about the fact that the S&P 500 traded back to a new all-time high today, but the reality is that the S&P 500 has been ‘dead money’ for nearly seven months now. Along
