Forget The Fed: These Are Wednesday’s Most Important Numbers
First thing Wednesday morning, before the abysmal data deluge hit in the US and before
First thing Wednesday morning, before the abysmal data deluge hit in the US and before
“President Trump’s tweets frequently make national news and are a topic of everyday conversation, including deciphering the meaning behind his tweet using the previously unheard of term, “covfefe.â€
“There’s a chance U.S. internet technology stocks that have propelled a global stock rally will now serve as a buzz kill.”
I didn’t say that.
I will tell you that I didn’t say that.
And there’d be nothing wrong if I did say it according to everybody that I’ve read today.
But I did not say that.
“People have said they have quite enough of austerity politics. The PM called this election because she wanted a mandate. Well, the mandate she’s got is lost Conservative seats, lost votes, lost support and lost confidence.”
“With US companies seemingly reluctant to make major decisions on hiring and investment ahead of tax reform, with tightened financial conditions starting to bite into Chinese domestic demand, and with an escalation of political risks across the globe, it seems to us that the equity market may be too complacent about downside risk to global growth.”
“Dear President Trump”…
“If this pattern continues, Mr. Trump may find himself running an Administration with no one but his family and the Breitbart staff. People of talent and integrity won’t work for a boss who undermines them in public without thinking about the consequences.”
“All capable of moving things around. All capable of passing calmly by and spawning headlines of “all attention now turns to…â€. The financial world equivalent of Mad Libs.”
So on Sunday, in our week ahead preview, we noted that Thursday would bring a
Well (get it?), it’s become apparent over the past two months that the whole “these
Let’s start with oil real quick, because there are some notable headlines on Thursday morning.
“We believe that we are likely to see a similar response from low-cost producers to that seen in the oil market to the rise of shale production. OPEC, which has been limiting its production for a long period of time, decided to take on the shale producers in 2014, ramping up its output in a bid to force shale producers to reduce their investment and output. This eventually occurred in 2016.”
Ok, so I don’t want to get too far down the Syria rabbit hole here
Warning: there’s no structure here. Just some stream of consciousness oil market rambling along with some pretty good excerpts from Bloomberg, Reuters, and SocGen. Oh, and there’s a random chart at the end.
Did you think the war in Syria (which is now coming up on its six year
“Not a market was stirring”… Well, except for the Mid-East bourses where Saudi stocks are markedly
“Traders are getting antsy and think this is a global oversupply pushing barrels into the
I’ll confess that I’m hopelessly torn when it comes to Syria’s five year old, bloody
So last night, I recommended readers turn a skeptical eye towards all of those “alt.
Crude may be having a hard time finding its footing thanks to a decisively indecisive
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