Business

Authored by Paul Brodsky of Macro-Allocation.com,

The Triumph of Politics

 All of life’s odds aren’t 3:2, but that’s how you’re supposed to bet, or so they say. They are not saying that so much anymore, or saying that history rhymes, or that nothing’s new under the sun. More and more theys seem to be figuring out that past economic and market experiences can’t be extrapolated forward - a terrifying prospect for the social and political order.

 Consider today’s realities:

As has been widely trumpeted across the financial media, today was the 7 year anniversary of the March 2009 market bottom: whether this "most hated rally" was worth the $60+ trillion in incremental global debt and the $14 trillion in global central bank liquidity, even as the middle class has been decimated - as we forecast would happen roughly around the time Ben Bernanke unveiled QE1- leading to such outcomes as a global rejection of a failed status quo and the rise of Donald Trump we leave to the historians.

Submitted by Charles Kennedy via OilPrice.com,

A federal bankruptcy judge ruled that Sabine Oil & Gas could withdraw from its contract obligations with pipeline companies to ship a certain volume of oil and gas through their pipelines.

By EconMatters

Gasoline demand is driving the oil complex higher, relatively strong gasoline numbers on the refinery input side and the gasoline demand side of the equation. Brent should test $44 a barrel pretty soon, unless something dramatically happens that is unforeseen as of today.

https://www.youtube.com/watch?v=AlQKxl_ii-E

© EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle   

Seriously!!!! That Close!!!

http://www.youtube.com/watch?v=FsqJFIJ5lLs

Your day in the "market"...

The "stable" oil market...

Following yesterday's noisy drop, today was the echo with a noisy choppy low volume rally as Oil sparked the momentum in the pre-open, but stocks decoupled lower from both JPY and Oil (smashed lower on weak wholesale trade data and a realization that US crude production rose)...