Citi: the U.S. Federal Reserve…
Central bank leaders express cautious…
The U.S. deficit and the Treasury bonds which must be sold to fund it are beyond comprehension. The trouble with bonds (the U.S. Treasury variety, among others) is simple: there's…
A maritime boundary dispute between Ghana and Côte d’Ivoire that erupted this month casts doubt on future international oil claims near the contested area and raises questions about the reaction…
Since 91% of stocks are owned by the Plutocracy, the much-ballyhooed rise in the stock market as proof the recession is over is perception management/ propaganda. The 75%…
The China Containerized Freight Index has bee-lined upward in 2010. The index tracks shipping prices for goods sailing from China to 11 different regions around the world. Between January…
Now that the S&P rallied over 60 pct since last March 2009, and pretty much all other markets except housing and real estate have also rallied (anything connected to financial…
A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a 68% appreciation in equities from…
Oil Market Summary for 03/01/2010 to 03/05/2010. Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a…
There are a lot of ships sailing around China these days. As I've discussed several times over the past weeks, Chinese shipping indices have gone ballistic. The China Containerized Freight…
There has been some unusual action on the Japanese commodities markets that demands a comment. I mentioned earlier this week that over the last two weeks the Japanese have revved…
Although shares of oilfield services giant Schlumberger (SLB) took a hit after the company announced an $11 billion takeover bid for rival Smith International (SII) on Sunday, many analysts remain…
Last month, I explained in an article how and why the world is approaching a worldwide peak in oil production sometime in the next decade. Although…
The Obama Administration is currently pursuing a misguided and dangerous war on the oil and natural gas industry, blaming it for not doing enough to curb greenhouse gas emissions. Not…
The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it’s questionable whether international companies will ignore the government’s missteps in…
Oil Market Summary for 02/01/2010 to 02/05/2010. After starting the week on a firmer note, oil prices fell sharply toward the end of the week in a general market sell-off…
February 5, 2010. Statsweeper registered alerts across the entire WTI oil futures complex yesterday. Prices fell dramatically, with all six of the nearest contracts down over…
Increasingly, it would seem the government is intent on curbing speculation and contract ownership of core commodities. Starting last summer, the Commodities Futures Trading Commission, or CFTC, began to debate…
U.S. markets calmed Monday on good earnings news but Asian markets remained roiled overnight, down about 2 percent across the region. The Yen rose, reflecting a flight to safety as…
Let’s talk about sentiment. Last week was the worst market week since March 2009. Similarly, the three-day decline from Wednesday through Friday was the worst three days since March 2009.…
Is the Market Flashing a “Sell” Signal?Friday’s decline has got a lot of commentators asserting that the official top is in for the rally that started March 2009. The…
China was the savior of commodities the past year. And a particularly hot spot today. China's customs agency released some impressive trade numbers. December exports were up 17.7% year-on-year. Imports…