Silver as an investment

Category Archives: Crude

Howard Marks Redux: “There They Go Again” – Why Stock Investors Develop Amnesia

Authored by Johnny Hopkins via The Aquirer's Multiple blog, One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the world’s biggest distressed-debt investor. He’s known in the investment community for his “Oaktree memos” to clients which detail investment strategies […]

Venezuela In Dire Straits As Oil Production Falls Further

Authored by Nick Cunningham via OilPrice.com, Venezuela’s economic crisis continues to deepen. The South American OPEC member is thought to be sitting on nearly 300 billion barrels of oil, far more than any other country in the world, including Saudi Arabia (estimated at 268 billion barrels). But the economy has been in freefall for several […]

All Eyes On Washington: US Futures Rise On Hope Healthcare Vote Will Pass

Asian shares and S&P futures rose on optimism that today’s rescheduled U.S. vote on health care will pass following Trump’s Ultimatum to the Freedom Caucus. European stocks gave up some of Thursday’s gains, falling for the fourth time in five days, and moving further away from a 15-month high reached a week ago while the […]

Are Banks About To Derail The New U.S. Shale Boom?

Authored by Irinia Slav via OIlPrice.com, Just when international oil benchmarks are sliding down, banks are preparing to review the credit lines of U.S. E&Ps. Starting in April, lenders will reassess companies’ creditworthiness on the basis of reserves, production trends, current prices, and future prospects for the industry, among others. Should anything spark worry, banks […]

Global Stocks, US Futures Rebound Ahead Of Critical Obamacare Repeal Vote, Yellen Speech

European and Asian stocks were modestly in the green, with U.S. futures higher, before a critical procedural vote on a Republican health-care bill to repeal Obamacare, while Janet Yellen is set to speak in Washington at 8:45am. S&P 500 Index futures were 3 points in the green as of 6:45am ET as European shares edged […]

Do Wars Help or HURT the Economy?

Does Defense Spending Stimulate the Economy and Create Jobs … Or Is It BAD for the Economy? Preface: Trump wants to drastically increase military spending.  At the same time, France, China, Japan and other countries are ramping up their military spending. An understanding of the effect on the economy is therefore timely. A number of […]

Bank Stocks Stumble To 1-Month Lows As Yield Curve Slumps Post-Fed

Not sure why but this seemed appropriate after listening to the drivel from Washington (and Fed speakers) all day…   Bonds and Bullion the big winners post-Fed…   There were 3 notable legs lower in stocks today… The catalysts seemed to be 1335ET – *EVANS SEES MORE UPSIDE POSSIBILITY IN UNCERTAINTY FACING FED, THIS IS […]

Trump’s Job Approval Rating Drops To Record Low, Breaking Key Correlation

In the first week of February, a Credit Suisse analysis concluded that there was only one chart that mattered to markets: that of Trump’s approval rating. As the bank’s analyst Lori Calvasina wrote at the time, “US stocks have been trading closely with shifts in Trump’s favorability, as have 10 year Treasury yields… …the Dollar, […]

Oil Shorts Soar By 2nd Most In History As OPEC Hope Fades

During a week that saw WTI crude prices erase all post-OPEC-production-cut-deal gains, after the Saudis admitted 'cheating' (but rapidly back-pedalled), oil speculators added almost 80,000 contracts to their short positions – the 2nd most in 34 years.   This surge in shorts reduced the massive record net long crude positioning by the 2nd most in […]

Quiet Start To Quad-Witching St. Paddy’s Day: Futures Flat, Global Stocks Mixed

A quiet start to today’s quad-witching St. Patrick’s day, with European stocks mixed, Asian shares and U.S. index futures (-0.1%) little changed ahead of industrial production data with just Tiffany’s set to report earnings. Emerging markets headed toward the best week in eight months even as the global equities rally spurred by the Federal Reserve’s […]