Here is the intro: “The global upswing in economic activity is strengthening, with global growth projected to rise to 3.6 percent in 2017 and 3.7
Is Gold a Good Hedge? … Bloomberg
This is a very good article from Bloomberg on gold for those of us who know little about the yellow metal (me)... This table shows the importance of
The IEA Oil Market Report for October is out…
Here is the link for the public (free) version: https://www.iea.org/oilmarketreport/omrpublic/ From their summary (the key word is “balanced”):
Power Companies to Stick With Plans… WSJ
Tim Puko, of the Wall Street Journal, has a nice piece on how some power companies expect to deal With Trump administration’s plans to roll back
Overtime Pay at Electric Utilities Skews U.S. Wage Growth… The Daily Shot
The Daily Shot, a Wall Street Journal blog, has some excellent charts explaining the uptick in wage growth from Friday’s employment report.. Here is
Fear of unwinding… Business Insider
Business Insider asks some money managers “What keeps you up at night?”, here:
Nobel Prize awarded to Richard Thaler… Marginal Revolution
Here is my “go to” blog, Marginal Revolution, on Richard Thaler: ”Thaler, with Kahneman and Knetsch, was a major force behind discovering and
US household spending for gasoline to remain below $2,000 in 2017… EIA
Correlation is not causation, but the chart below shows how household expenditures on energy (gasoline) seem to track the economy: Monetary and
Distillates supply/demand tightens..
From “This Week in Petroleum” here are current distillate stocks: And, compared to daily demand: Here is the price of heating oil