Commentary

Notes From Underground: What Turned the Markets On Friday?

Nov 09, 2021

The U.S. and Canadian unemployment data both were somewhat stronger than expected. The markets were trading in focus with the robust U.S. data — equities higher, DOLLAR firm, and bonds trying to adjust in the face of the FOMC‘s tapering plans.... more

Market Summary: November 7, 2021

Nov 08, 2021

Petroleum prices fell for the second week in 11, recovering from sharp reductions midweek that briefly touched October lows. This was the worst week for prices since August. At the virtual meeting in Vienna this past week, OPEC+ maintained the... more

Market Summary: October 31, 2021

Nov 01, 2021

Petroleum prices fell for the first week in 10, easing minimally as Brent prices actually improved on the week. Persistent concerns regarding lower supplies, particularly in Cushing, continued sharp increases in speculative length in petroleum... more

Notes From Underground: The Odious Designs of ECB Policy

Nov 01, 2021

I’m posting this week’s podcast with the highly respected Peter Boockvar. This is one of the best interviews we’ve done with Richard Bonugli as we get into foreign currency, yield curves, energy policy surrounding nuclear power plants, and as... more

A Warning From Jack Dorsey - Can Gold & Silver Be The Next Commodities To Make A Move?

Nov 01, 2021

Gold and silver are the oldest means of exchange, far outdating dollars, euros, pounds, and all current traditional fiat and cryptocurrencies. The Bible’s old testament makes many references to gold and silver as money and metals that reflect... more

The Roundtable Insight – Peter Boockvar and Yra Harris on Inflation, Currencies, Interest Rates and Commodities

Oct 28, 2021

Peter Boockvar and Yra Harris on Inflation, Currencies, Interest Rates and Commodities

Peter Boockvar: Chief Investment Officer at Bleakley Advisory Group and Editor of The Boock Report

Yra Harris: With over 42 years of experience... more

Market Summary: October 24, 2021

Oct 25, 2021

Petroleum prices rose for a record ninth consecutive week, reaching their highest levels since 2014. Ongoing OPEC discipline, continued shortfalls of US Crude production, diminished supplies at Cushing, easing of restrictions on Covid-19... more

Market Summary: October 17, 2021

Oct 18, 2021

Petroleum prices rose for an eighth consecutive week. This is the longest streak of weekly gains for Brent in more than 20 years. Continued OPEC+ discipline spearheaded by Saudi dismissiveness of additional production requests, the approach of... more

The Roundtable Insight – Prof. Barry Eichengreen and Yra Harris on Debt, the Dollar and Inflation

Oct 14, 2021

Prof. Barry Eichengreen and Yra Harris on Debt, the Dollar and Inflation

Barry Julian Eichengreen is an American economist who holds the title of George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the... more

CQG Integrated Client for a Global Perspective

Oct 13, 2021

Judd Hirschberg of Whitewave Trading Strategies and Yra Harris give an overview using CQG Integrated Client for global macro trading to students participating in the CME’s 2021 University Trading Challenge.

Global Macro Perspective using CQG... more