America’s oil inventories are hovering around multi-year lows despite releases from the SPR. Distillate fuel oil inventories, which are most closely related to the economic cycle, are at the lowest for the time of year […]
News broke Wednesday that President Joe Biden and Congressional Democrats have revived tax and climate-related provisions of their Build Back Better agenda. Thursday, the U.S. Department of Commerce reported that U.S. gross domestic product (GDP) […]
Inflation has emerged as the top issue for most Americans ahead of the midterm elections. Rising labor costs, energy prices, and interest rates are increasingly adding to inflationary woes. And much to the Biden administration’s chagrin, the […]
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. The Federal Reserve on Wednesday enacted its second […]
The European Central Bank announced an historical rate hike Thursday. Interest rates in the Eurozone rose by 50 basis points after the body had pursued a zero-interest policy for six years and last hiked rates eleven years […]
Some things I just don’t get. Like music where you can’t understand the lyrics, and your head hurts just listening to a 30-second sound clip. Like hardcore punk rock bands like Black Flag, Biohazard, and […]
(Reuters) – World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn, even though the growth concerns were fanned further by data showing a sharp […]
MSCI world stocks biggest H1 fall since index creation Deutsche Bank estimates worst for Treasuries since 1788 Commodities bulls pushed oil up 50% gas up 60% Yen takes heavy pounding as dollar rides high LONDON, […]
ENB Publishers Note: Purely my opinion, but I don’t buy this for a SECOND. All I needed to know is who ran the poll…as always, I will let the readers decide… Despite high inflation, 66 […]
Summary Historically when inflation rises, copper prices usually follow suit, and this cycle is proving to be no exception. Copper’s positive historical correlation with inflation can make it an attractive inflation hedge. Over the next […]
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