I’m not sure why the Energy Information Agency’s monthly energy report, here, doesn’t get the same respect as the IEA and OPEC do, but it is an
Selected charts from OPEC’s Monthly Oil Report…
OPEC’s excellent Monthly Oil Report is out, here... First, note that demand growth is expected +1.24 mbd, down .05 from last
JOLTS… BLS, Claculated Risk
From Calculated Risk, here: ”Jobs openings increased in December to 7.335 million from 7.166 million in November. The number of job openings
Some random charts… The Daily Shot
It is always worthwhile to check in on the Wall Street Journal’s The Daily Shot, here...
US oil in Europe… Reuters
Olga Yagova and Devika Krishna Kumasi, Reuters, have an excellent piece, here, discussing U.S. crude oil exports into Europe: “Now shipments of
WTI options comments…
After listening to a CME podcast on oil options signaling long term uncertainty (what else is new), here, I did a shallow dive into what implied vols
Ed Yardeni on bonds…
Dr. Ed has a nice piece on bonds doing the unexpected, here... “Last year, I surmised that the bond yield might be “tethered” to the near-zero
Fed GDP Nowcast…
The Atlanta Fed is now looking at +2.7 for 4Q18, updated yesterday, while NY is at +2.61 (updated last Friday)...
China’s Slowdown and the World Economy… Brad Setser
Brad Setser, Council of Foreign Relations, discusses the slowdown in China and how it relates to the world economy, here... ”China, it now seems,