I use this to gauge the effect of recent data releases on GDP estimates... Earlier this week the estimate was around +4.5%... The sharp rise reflects
Some refiners gain… WSJ
Jinjoo Lee, Wall Street Journal, points out that some refiners (outside the Gulf area) gain from weather disruptions in Texas...
Gary Ross quote… Bloomberg
From Bloomberg: ““The market is turning into a wild animal for OPEC+ to control,” said Gary Ross, a veteran oil consultant turned hedge fund manager
Energy price changes over time… Reuters
John Kemp, Reuters, has another excellent chart book out on commodity prices, here... Below are changes in energy prices... Note how sharply energy
Lumber prices rally sharply… WSJ
Here is Ryan Dezember, Wall Street Journal, on lumber prices... “Mills shut down and choked back output at the pandemic’s onset, reasoning that
Most active strikes were calls in 2022…
Not sure what it means, but here is the CME’s Most Active Strike tool... Note the Dec 2022 99 and 100 calls were most active...