The raw material markets asset class moved higher in the fourth quarter of 2021 after posting gains throughout the year. The commodity asset class consisting of 29 of the primary commodities that… more
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Petroleum prices increased this week in abbreviated preholiday trading. Prices trended upward in both Crude and refined products despite clear evidence of reduced demand linked to the Omicron… more
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Petroleum prices fell for the seventh week in eight as renewed concerns about the rapid spread of the Omicron variant of the Covid-19 virus, associated expectations of renewed travel and movement… more
Michael Pettis is a nonresident senior fellow at the Carnegie Endowment for International Peace. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua… more
If you’re only looking at the headlines from the past 48 hours, there is something major going on. First, on Friday afternoon Bloomberg reported that the G-7 finance chiefs are planning to discuss… more
Increasing confidence in the containment and treatment of the Omicron variant of the Covid-19 virus thus easing demand reduction concerns as well as strong inflationary pressures helped propel… more