By EconMatters
Declining U.S. Production, the Massive drop in RIG Counts, and robust Demand Growth for 2016 are all bullish fundamentals for the Oil Market heading into the Seasonally Strong part of the Demand Curve from a consumption standpoint.
https://www.youtube.com/watch?v=c-7PcfQjoJc
There is little joy for bulls in David Kostin's latest weekly kickstart, in which the chief Goldman strategist says that "the S&P 500 has reached our 2016 year-end target of 2100. We expect that the index will remain at this level given tepid US GDP growth, a mixed earnings outlook, and elevated valuation. Corporate repurchases are the main source of US equity demand. We forecast S&P 500 gross buybacks will rise by 7% to $600 billion in 2016.
Submitted by Pam Martens and Russ Martens via Wall Street On Parade,
Iceland was certainly up for jailing their bankers, will they now get away with creating their own money? The government of Iceland is considering removing the power of commercial banks to create money and handing it to the central bank. Can’t see commercial banks in the western world being too happy with this somehow. Blacklisted News reports: Back in 1914, the Bradbury Pound was introduced by the UK government as an ’emergency measure’ to bolster a failing economy. It was a huge success.
Two days after we posted a note by a commodity trader according to whom "What Is Happening Has Absolutely No Reasonable Explanation" late last night we received another warning from a futures trader, one which is applicable to everyone who also trades futures and may be unfamiliar with the recent changes in Nymex and Globex "price banding." This is what he said yesterday.