Gold

We're getting to the point now where something very bad is going to happen. Someone is losing his shirt in the oil markets right now. And the question is whether that somebody impacts the US oil sector and oil capital expenditures. As I…

Really quickly here: WTI has traded down into bear market territory today. I see it quoted at $61.38. The high was $76.90. Brent is also down to $71.81 from a high of $86.74. That's not official bear market territory yet. But it's coming…

This morning, I gave you an initial reaction to the jobs number, saying: A bad number won’t change the Fed’s forward guidance because the Fed has a tightening bias. But that bias means that a good number could tip us toward four rate hikes…

No more oil black swan Remember Al Arabiya channel’s General Manager Turki Aldakhil warning that imposing sanctions on, Saudi Arabia, the world’s largest oil exporter could spark global economic disaster? I wrote about it when the  Jamal…

In contrast to the last month, it was a good day for the markets today. So I want to do a mini-recap. All eyes on Apple First up: Apple is slated to report tomorrow afternoon after the closing bell. Expectations for their earnings report…

Flight to liquidity reminiscent of January and February As the equities market sells off, it's worth noting how much the sovereign bond market is rallying at the same time. I am seeing the 10-year US Treasury bond quoted at 3.079%, well…

As the Dow Jones Industrial Average flirts with a 500 point decline, it's worth mentioning the flight to safety going on in the global bond markets. We are seeing major moves into sovereign bonds across currency areas. That has the US…

This morning, US stock futures are pointing to triple-digit losses after declines in Europe and in Asia. And the European indices are at a one-year low. There are quite a number of proximate causes for the weakness. But the overriding fear,…

The big news this morning is the slowing growth in China. The third quarter numbers showed the country growing at its slowest pace in a decade. And the questions now are whether this slowdown continues and what China does about it. This is…

If one thinks of it as a car-replacement service, Lyft could now work as an effective replacement for driving to work or as a replacement for a park and ride commute for many people.