Byron Wien, Blackstone, opines on the stock market, here... “Putting all of this together, the conclusion is that there is a favorable fundamental
Who is buying Oil from Iran? Bloomberg
The US is reportedly ending Iran oil waivers... Nick Wadhams and Verity Radcliffe, Bloomberg, have a nice piece, here, including some perspective:
Energy trade with Mexico… EIA
Importing Crude, but in declining volumes, exporting products and natural gas... The story is here...
The Daily Shot… WSJ
Today’s “The Daily Shot” has lots of good stuff (as usual), here... This chart shows the net selling going on by managed money in corn
Dueling GDP Nowcasts… Atlanta, NY Feds…
the Atlanta Fed’s 1Q GDP nowcast is soaring, at 2.8%... However, the NY Fed is still a sluggish 1.37...
Hedging contributions… EIA
The EIA’s always excellent “This Week In Petroleum” includes a very interesting chart showing hedging contributions to revenue for oil producers,
Record energy consumption in the US in 2018… The EIA
Here a recent entry from the EIA’s excellent Today in Energy series... ”Primary energy consumption in the United States reached a record high of
What spread traders know… The Fed
Spread traders are smarter and/or have better information than the rest of us? I’m not sure I’ll get to read the whole thing, but I’m guessing that
S&P growth/nominal GDP… Lydia Boussour, Oxford Economics via WSJ
Lydia Boussour, Oxford Economics has a nice chart showing S&P revenue versus nominal GDP growth in today’s The Daily Shot (Wall Street Journal),