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July 27, 2017

Stocks moving in the right direction…

that is, if you are bullish... Here are crude oil, gasoline and diesel stock levels outright and as a days supply measure, from This Week in

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July 26, 2017

Comments on the Fed, inflation, the dollar… Narayana Kocherlakota via Bloomberg

Narayana Kocherlakota, in a Bloomberg article, thinks the Fed might be fooled by a declining dollar's influence on inflation..  Here is a chart

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July 24, 2017

The New Astrology… Alan Jay Levinovitz, via Aeon

Mr. Levinovitz suggests that "By fetishising mathematical models, economists turned economics into a highly paid pseudoscience"... Here is the link:

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July 24, 2017

California wholesale electricity prices… Today in Energy

The EIA's feature, Today in Energy, shows the effect of utility and small-scale solar power generation have on pricing in California... Power prices

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July 24, 2017

World economic growth remains on track… IMF

The IMF released its World Economic Outlook Update this morning... World GDP is expected to grow by 3.5% in 2017 and 3.6% in 2018... While these

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July 23, 2017

Libya, Nigeria Oil Output Caps Ruled Out for Now… Bloomberg

I'm not sure if this Bloomberg story is bullish or bearish: "Nigeria is ready to cap or even reduce supply if it can maintain output of 1.8 million

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July 22, 2017

Gas everywhere… WSJ

Spencer Jakab writes about gas production outstripping takeaway capacity in the Marcellus region in the Wall Street Journal... "Before the shale

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July 21, 2017

Why Oil Prices Aren’t Going Anywhere… OilPrice.com

Nick Cunningham, at OilPrice.com, suggests that the data is mixed enough to give bulls and bears plenty to make a case: "One can find whatever they

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July 20, 2017

Commodities are having a tough year… WSJ

From today's Wall Street Journal:  

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