Chicago Federal Reserve president Austin Goolsbee may be known as Mr. fixit after stopping a plunging stock market and risk off infected metals.
If […]
Petroleum markets are giving up gains as the hoped for soft economic landing is starting to look less likely. The possibility of war in the […]
Continue Reading →Petroleum prices seem to be fighting too different battles causing wild swings in the market. Conerns about the economy versus the stark reality that supplies […]
Continue Reading →Are the stars out tonight? Some days all the bullish stars align. Some call it a Doja Star bottom but really what we are seeing […]
Continue Reading →The freefall in copper seems to have stopped and suddenly is starting to latch on to a positive economic environment. As I mentioned last week […]
Continue Reading →Fossil fuels are making a big comeback as big draws across the board shocked the market back into a semblance of realty. The American Petroleum […]
Continue Reading →Gold demand surged to a record this year according to the latest World Gold Council report even as some worry about gold being a so […]
Continue Reading →Oil prices are shaky as Asian markets are selling off as investors run for cover ahead of big economic reports this week. This comes as […]
Continue Reading →Oil prices are coiling in a tight trading range waiting to see if rising geopolitical risks will start to boil over. Israel, responding to Hezbollah […]
Continue Reading →The rebound in copper could signal that the sell-off in all metals could be nearing an end. Copper bounced after China’s central bank on Thursday […]
Continue Reading →If I had a hammer, I’d hammer in the morning. I’d Hammer in the evening and after oil got hammered it might be time to […]
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Recession Fears and Iran Cooling. The Energy Report 08/06/2024
Recession fears are cooling off as well as the risk that Iran will attack Israel anytime soon. Perhaps diplomacy had Iran change their mind about […]
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