-US at war with itself as economy falters -German manufacturers see headwinds from US policies Crude oil prices were in rally mode after US data suggested a sizeable draw on commercial crude oil inventories. The threat of a tropical storm in the US south, meanwhile, is adding tailwinds to the price of oil. The market … More The Daily Dose; US Divisions Have Global Consequences
-Recovery is not the same thing as normal -Brent crude oil stuck around $44 per barrel for now The price for crude oil remained range-bound in early Tuesday trading, though calendar spreads are indicative of a more severe glut. In the United States, politicking has taken precedent over the public as lawmakers debate the latest … More The Daily Dose; Crude Oil Prices in Wait-and-See Mode
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -China is well short of its US energy purchase commitments -US policy makers look to history, wrongly, for support In June, US congressional leaders pleaded with Robert Lighthizer, the top trade advisor in … More When History Lessons Go Wrong
The GERM Report 