oil

Today, I want to highlight some of the best stories in the news today. US economy Let’s start off with the US, where the hiring of holiday workers is said to track very well with retail sales. In the lead up to the holidays, the…

Despite my upbeat view on the U.S., there are considerable headwinds to the global economy. We see this in the nexus of slowdowns in China and Europe and the decline in commodities, gold and oil which intersect with energy high yield bonds…

A month ago, I wrote a piece on zero rates, resource misallocation, and shale oil that warned of the potential negative impact that low oil prices could have on the funding for shale drillers and the potential contagion this drying up in…

US elections Just to follow up on yesterday’s two posts, exit polling data from Tuesday confirm what I was saying about disenchantment with the U.S. economy despite the positive headlines. 58% of those casting ballots said they were…

This post has been a long time coming because it is very much in my wheelhouse and I haven’t connected the dots for you on this issue yet. The nexus of zero rates, resource misallocation, and risk on has favoured shale oil. But the drop in…

The title here is a bit provocative I know. But it is really something I stole from an article about Stephen Roach’s view that I will use as a jumping off point for my Friday review.

The Chinese property bubble is bursting Chinese wage pressure is rising Chinese search for oil has increased geopolitical tensions

The Greek bond deal that in February I predicted would come to market was deemed a rousing success by the market. Initially Greece had planned a 2 billion euro offering for 5-year money. But there was heavy interest and Greece’s…

By Marc Chandler There is a common perception that Russia move on Crimea shows its strength. A closer examination suggests it is more complicated that it may seem. Like the bully at the school yard, the aggressiveness conceals weaknesses.…

Today’s links carry a widely-diverging set of opinions about the moral issues surrounding the situation in Ukraine. But since this is a finance site, I want to discuss the economic issues. I continue to believe the Ukrainian situation will…