Here is the IMF on global growth, released earlier today: ”The global economy is in a synchronized slowdown and we are, once again, downgrading
Inflation measures… Calculated Risk
Many measures of inflation are up, but not the Fed targeted core PCE.... Here is Calculated Risk with a chart of selected inflation measures:
US Oil Production… The Daily Shot
From the Wall Street Journal’s “The Daily Shot”, US oil production:
IEA on oil demand…
The IEA’s Oil Market Report is out... Here is what they are saying about demand (my bold): ”In this Report, for both 2019 and 2020 we have cut our
Top energy traders bearish on crude… FT
David Sheppard, Financial Times, discusses oil price expectations with the heads of the top energy traders here:
Recent decrease in U.S. crude oil production likely temporary… EIA
From the EIA’s Today in Energy: ”Monthly U.S. crude oil production fell by 276,000 barrels per day (b/d) in July 2019, based on the latest data in