Petroleum prices continued to increase as Crude rose for a sixth consecutive week, the longest such streak since December. A dispute within OPEC has extended their scheduled meeting into this week… more
Commentary
Do China and Russia have state authorities investing in the markets?
If the answer is yes then global investors have many issues to consider. The use of massive amounts of leverage (… more
The raw material markets asset class moved higher in the second quarter of 2021 after posting gains in Q1. The commodity asset class consisting of 29 of the primary commodities that trade on US… more
Crude prices rose for a fifth consecutive week as continuing optimism regarding the ongoing economic recovery propelled prices to their highest level since October of 2018. This fifth consecutive… more
As promised, here is the podcast I recorded with Anthony Crudele. There is a great deal expressed in 52 minutes following the June 16 FOMC meeting. The fact that Chair Jerome Powell kept on… more
Happy father’s day to all who are one and have had one. Just nine months ago the markets were experiencing convulsions as the then-U.S. president would unleash tweet after tweet at all hours. We… more
Crude prices rose for a fourth consecutive week as optimism regarding an economic recovery propelled Crude prices to multiyear highs. The ambiguous intent of the current administration regarding… more
Petroleum prices rose for a third consecutive week, reaching their highest levels since October 2018. A positive report from the EIA stating that global demand would reach pre COVID-19 levels by… more
Prices for the actively traded July 2021 CME Group soybean oil futures reached all-time new highs in recent trading sessions (see Figure 1), spurred by increasing demand from the biofuels industry… more
The unemployment data was not as robust as expected but not bad since hourly wages rose above consensus, the work week remained elevated and the jobless rate dropped to 5.8%. The headlines are… more