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July 28, 2016

Atlanta Fed reduces Q2 GDP estimate…

"The final GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2016 is 1.8 percent on July 28, down

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July 28, 2016

This Week in Petroleum… EIA

Some updated charts from This Week in Petroleum illustrate recent commentary on the oversupplied gasoline market.. Demand is up, but beginning to

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July 27, 2016

Power price spikes, NYC, Monday

This is not a market I follow closely, but I do wish I owned a storage facility that serves NYC... Here is the story from CNN and Bloomberg: "The

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July 25, 2016

Market Wizards, Jack Schwager, Barry Ritholz

Barry Ritholz interviews Jack Schwager here: http://ritholtz.com/2016/07/mib-market-wizard-jack-schwager/ I found the Market Wizard series highly

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July 25, 2016

How Much Oil in Storage?… WSJ

The difficulty of counting oil barrels in storage worldwide is discussed in this article from the Wall Street

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July 23, 2016

Fuel Glut Keeps Pressure on Refiners’ Profit…WSJ

This, from the WSJ article: "At today’s benchmark prices, the crack spread, or price difference between crude oil and gasoline, stood recently at

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July 22, 2016

Bottom of the cycle?

Schlumberger's CEO: "“In the second quarter, market conditions worsened further in most parts of our global operations, but in spite of the

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July 22, 2016

This Much I Know… Kahneman

Daniel Kahneman with some gems in The Guardian: "Many people now say they knew a financial crisis was coming, but they didn't really. After a crisis

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July 21, 2016

This Week In Petroleum… EIA

The always interesting "This Week In Petroleum" suggests that increased drilling could slow production declines in the US: "The Lower 48 states

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