Tag: Powell

The Daily Dose; Is Reality (Finally) Catching Up With the Market?

June 10, 2020

-Like OPEC, US Fed Chief Powell needs a Goldilocks moment. -OECD finds the global employment situation to be bleak. Chinese oil demand is almost back to what it was in late 2019, before the onset of the coronavirus pandemic. US consumer fuel demand, meanwhile, is recovering from an April slump. That’s the word Wednesday from … More The Daily Dose; Is Reality (Finally) Catching Up With the Market?

The Daily Dose; You Might Not Like “Normal”

May 22, 2020

-Geopolitical tensions return with a vengeance. -Market perceptions collide with market reality. Geopolitical tensions collided with economic pitfalls to drag on crude oil prices in early Friday trading. On Thursday, the White House spelled out a decidedly competitive policy on China, arguing US interests must be protected against Beijing’s ambitions of reshaping international norms. In … More The Daily Dose; You Might Not Like “Normal”