-Oil prices bounce in US jobs report. -Cleveland Fed’s Mester says the devil is in the details. Crude oil prices were on the rise in early Thursday trading after US government data showed an increase in fuel product demand. A decline in inventory levels in Cushing, Okla., the delivery point for US crude, was also … More The Daily Dose; The Market Disconnect Continues.
-The market is extremely fickle. -OPEC stands pat on outlook. It may well be the third quarter before demand resumes in the US economy. That was the word from US Federal Reserve Vice Chair Richard Clarida, who delivered a message late Tuesday to the Foreign Policy Association in New York. That followed testimony from Fed … More The Daily Dose; The Roller Coaster Economy.
-Bulls and bears cheer IEA report. -Uncertainty is the only guarantee. The one thing market observers are sure about in this environment is the high level of uncertainty. Intraday volatility has left many people wondering about the growing disconnect between market sentiment and market fundamentals. Crude oil prices slumped in early Monday trading, only to … More The Daily Dose; Something for Everyone.
The GERM Report 