The Daily Dose; US Energy Products Are Not Leaving Shore.

-Oil prices up on data cherry-picking -It’s LNG this time around that gives us a good geopolitical picture. Crude oil prices were again in rally mode after US data showed a draw on all major petroleum components. The selection of California Sen. Kamala Harris as the vice president on the Democrat’s ticket may also be … More The Daily Dose; US Energy Products Are Not Leaving Shore.

The Daily Dose; Commodities are Exposed to Risk.

-There’s more to it than vaccines and stimulus hopes -Commodity markets are inextricably tied to geopolitical issues The headlines in the financial press on Tuesday attributed the rise in the price of oil and gains in the equities markets to hopes for a fading pandemic and signs of improved demand. That deserves a deeper look. … More The Daily Dose; Commodities are Exposed to Risk.

The Daily Dose; Markets Rally on EU Stimulus

-Europe overcomes its differences. Can the United States? -Weak demand and low commodity prices will stick around for awhile. A protracted battle in France finally paid off for the European Union, which passed a massive stimulus bill and adjusted its 2021-2027 budget to offset the deepest recession in generations. That’s good for a bloc-wide economy … More The Daily Dose; Markets Rally on EU Stimulus