Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -US energy goals are a fool’s errand -Brent won’t be in black because OPEC is back OPEC curtailments eased back as of Saturday as the cartel anticipates a slow rise in demand through … More The Myth of Independence
-Why Bother with Earnings Guidance? -Exxon’s earnings are emblematic of US troubles. Crude oil prices had recovered some of the ground lost in a Thursday session clouded by a severe contraction in the US economy. That situation will only become worse unless US lawmakers trade in partisan sniping for representing their respective constituents on pandemic … More The Daily Dose; On the Precipice of Disaster
Today’s Daily Dose was hosted by Greg Sterijevski. Dr. Sterijevski is the founder of CommodityVol.com, the web’s preeminent source of implied volatility and market statistics centered on commodity markets. See end notes for details about Dr. Sterijevski and his product offerings. -Optimistic data points are hardly optimistic -Policymakers dither while Rome burns Major US markets … More The Daily Dose; Rally Ho! At Least for Now!