Tag: Oil

Bonds, Commodities, & Dollar Go Nowhere As Tech Stocks Shrug Off Trade War Turmoil

Spot the odd one out… But in the end… Futures show the initial anxiety in stocks from escalating trade wars but the machines weren’t having any of that…   The Dow dropped for the 5th straight day (longest streak in two months). NOTE the number of times the machines lifted Nasdaq to unchanged, desperately… As […]

Late-Cycle: The Stressed-Out, Tapped-Out American Consumer Just Paid Off A Ton Of Credit-Card Debt

A new report from WalletHub, the personal-finance website, could signal the U.S. economy is in late-cycle, as the stressed-out, tapped-out American consumer just rejected consumerism and has overwhelmingly decided to repair its overextended balance sheet instead. While President Trump pedals the notion that the economy is the “greatest economy in HISTORY,” WalletHub noticed a considerable amount […]

Markets in risk averse mode after tariffs

US and China trade spat heats up We’re seeing a slightly risk averse tone in financial markets at the start of the week after the trade spat between the US and China ramped up over the weekend. Both countries have laid out plans to impose tariffs on one another on 6 July which is making […]

These Are The World’s Biggest Disruptors (And How The Disrupteds Are Fighting Back)

Ask any “brick and mortar” retailer in the past decade what new development has had the greatest (and most adverse) impact on their business, and 11 out of 10 times the answer will be “Amazon” and eCommerce in general. Or ask legacy enterprise solutions companies, which used to rake in tens of billions of dollars […]

Mattis: Putin Is Trying To “Undermine America’s Moral Authority”

Authored by Caitlin Johnstone via CaitlinJohnstone.com, At a graduation ceremony for the US Naval War College (barf), US Secretary of Defense James Mattis asserted that Russian President Vladimir Putin “aims to diminish the appeal of the western democratic model and attempts to undermine America’s moral authority,” and that “his actions are designed not to challenge our arms […]

Oil Slumps Near $64 as OPEC Clash Looms and Trade War Escalates

Oil fell near $64 a barrel as Saudi Arabia and Russia prepared for a clash with allied crude producers over whether to lift output and as China and the … The post <b>Oil</b> Slumps Near $64 as OPEC Clash Looms and Trade War Escalates appeared first on crude-oil.news.

Hedge Fund CIO: “What If Trump Is Right And Everyone Else Is Wrong?”

Submitted by Eric Peters, CIO of One River Asset Management, as excerpted from his latest Weekend Notes.  “What if I’m right and everyone else is wrong?” he asked the most intelligent man he’d ever known. “What if the only way to cut a deal with a North Korean dictator is to be equally willing to […]

Merkel Faces “Outrageous” 2-Week Ultimatum As Relations Look “Beyond Repair”

As Chancellor Merkel’s grip on power continues to look more and more fragile, Bild Zeitung reports that Germany’s Christian Social Union party will give her a two-week deadline to meet its demands for overhauling asylum policy. If true, the reports would would be an unprecedented challenge to Merkel’s authority and risks plunging the nation further […]

A look at Saudi Arabia and the new economics of oil

There has been a significant shift in Saudi oil policy since early May and the kingdom wants to increase output to bring down oil prices, probably in … The post A look at Saudi Arabia and the new economics <b>of oil</b> appeared first on crude-oil.news.

The Fed Is “Chasing The Wind” – Today’s Tightening Will Trigger The Next Crisis Response

Authored by Economic Prism’s MN Gordon, annotated by Acting-Man’s Pater Tenebrarum, Futility with Purpose Plebeians generally ignore the tact of their economic central planners.  They care more that their meatloaf is hot and their suds are cold, than about any plans being hatched in the capital city.  Nonetheless, the central planners know an angry mob, […]