Randall W. Forsyth, Barron’s, nicely summarizes the thinking going into this week’s Fed meeting, here... (Hat tip to The Big Picture, here)... Of
Atlanta GDPNow moves higher off today’s retail sales data…
Here is the Atlanta Fed’s updated GDP estimate for 2Q:
IEA Oil Market Report… Summary
The IEA’s Oil Market Report for June was released this morning... Here are some takeaways from the summary (my bold): “The consequences for oil
The market is almost always wrong… John Cochrane
Here is John Cochrane, The Grumpy Economist, commenting on Torsten Slok’s graph: “Torsten Slok at DB updates this lovely graph on occasion. Here's
Monthly oil imports from OPEC fall to 30 year low… EIA
From the EIA’s excellent series, “Today in Energy”, here...
S&P 500 vs. Yale’s endowment… Morningstar via The Big Picture
John Rekenthaler, Morningstar, discusses the recent performance of Yale’s endowment, here... ”The fund's reputation, however, owes to its earlier
Supply/Demand balance… EIA
Here is the supply/demand balance from the EIA’s Short Term Energy Outlook released earlier this week: Note the expected stock draw for this
Just How Tight is the Labor Market?… WSJ
Jeffrey Sparshott, WSJ, charts the JOLTS data, here...
Expecting surplus oil in 2020… Bloomberg
Javier Blas, Bloomberg, summarizes expectations for oil stocks in 2020, here... “S&P Global Platts, the owner of what was previously named PIRA