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
Posts Tagged ‘oil’
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
Today’s lunchtime appearance on Fox Business with Melissa Francis was a lot of fun; we put the world to rights regarding all things Opec (Opecian?). Hark, click on the below mug shot to launch to the clip:
I once again had the good fortune to appear on CNBC’s Squawk Box this morning to discuss oil and its tussle between geopolitical tension and bearish economic news. I also had no idea until I saw this clip that the ‘udder’ guy in the segment was dressed like a cow. Hark, click on the below mugshot to launch to it:
I have more reasons than usual to be cheerful this week. Not only does the burrito celebrate the milestone of reaching 300 posts, but I have also had the glorious experience of attending and speaking at the Inside Commodities conference in Chicago. To complete the treble, I have got to meet one of my heroes, Dennis Gartman.
The conference itself was an incredible event, and I gleaned a huge amount of information (and am still in the process of processing it). But as a starting point, I have written up my notes and am sharing some of the more coherent nuggets of wisdom ascertained: » read more