Tim Duy, economics professor at University of Oregon, discusses Fed watching on an excellent Macro Musings podcast here:
PCE inflation close to Fed’s target…
From the WSJ's Daily Shot, PCE inflation is close to the Fed's target:
Energy sector skews P/E valuations… WSJ
Here is the WSJ: "Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, puts the overall market at 18.1 times this year’s
BP Sets Break-Even Target at $35… WSJ
but is not quite there yet... Here is the WSJ: "The company’s new oil-price break-even goal of $35 to $40 a barrel contrasts with its current
CTA performance… BarclayHedge
BarclayHedge (not the bank) shows CTA performance over the years in a table and chart: What a difference in returns between the decades of
A bull market… in sand?
SL-Advisors discuss the growth and expected growth in sand use due to fracking demand:
Saudi, Iraq exports to the US expected to decline… EIA
In This Week in Petroleum, the EIA does a nice job with the changing economics of US imports from Saudi Arabia and Iraq... "The price difference
Options update….
Implied volatility settled yesterday at 24.6%, its lowest level since 10/9/2014... Of options related to crude oil on the CME, the one with the most
Break-even price rising… Matt Smith, Oilprice.com
In Matt Smith's summary at oilprice.com, he includes an interesting chart on shale producers' break-even prices: