Happy Friday once again! This week that was has seen oil markets do a dramatic U-turn, charging higher on improving market sentiment and not a lot else. As for natural gas, prices have eased lower as temperatures move toward more neutral levels to negate heating demand. After a hectic week, kick back and relax, so grab a plate and hit up the snacks: » read more
Archive for the ‘Economy’ Category
Burrito bites
Dot-to-Dot-to…Not?
My favorite moment of the working day is doing a dot-to-dot. And it happens every morning, after booting up my computer; I look across the various asset classes, and start connecting the dots.
After the first few screens, it becomes progressively easier to predict what is coming next: dollar down = risk on, equities up = bond prices down, risk off = metals down. But joining the dots has gone askew recently. So from the starting point of mortgage rates to a crude conclusion, here’s how joining the dots isn’t as simple as going from A to B. » read more
Burrito bites
I bid you good day! And we reach the end of a perturbing week, in markets and otherwise. Crude prices have plundered lower under the weight of renewed economic concerns kick-started on Sunday night by China. Meanwhile, natural gas has thundered higher to reach a new 21-month high on a smaller-than-expected injection to storage and the prospect of lingering heating demand. As for now, kick back and relax, and dine on these snacks: » read more
Alphabetti Spaghetti
There has been an acronymtastic set of reports this week from the IEA, IMF, and EIA. So from these nine letters come six charts out of three reports. Alphabetti spaghetti indeed. » read more




