-The sky is falling. The sky is falling. -Wood Mac: A $10 hit to Brent means a $40 billion hit to quarterly cash flow. A sense of gloom has clearly set in for oil markets, with Brent falling some 8% over the first three trading days of the week. If the trend continues, it could … More The Daily Dose
-German shooting may be adding some psychological support -Tailwinds early Thursday were coming from the glut in gasoline Brent crude oil prices were carrying the momentum forward in early Thursday trading despite negative pressure from earnings reports from the likes of Maersk. Further signs of a glut, meanwhile, did little to spoil the rally. A … More The Daily Dose
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT The market, for better or worse, seems rudderless. Reciprocity is out of fashion. The Japanese economy may be following Germany and tilting toward recession, according to government data released during the weekend. Recent … More The Me-First Market
The GERM Report 