Oil Heats Up 04-15-15

Oil continues to rebound, driven today by the International Energy Agency (IEA) prediction of a “notable acceleration” in oil demand; the IEA increased its demand forecast to 93.6 million barrels per day (bpd), up 90,000 bpd from its previous prediction. It also lowered its production growth outlook for the U.S. in the second half of this year, supporting the general expectation that shale-driven U.S. production growth will slow. Read more about Oil Heats Up 04-15-15

Only a Matter of Time 04-08-15

The Energy Information Administration (EIA) reported this morning that U.S. crude oil inventory continues to rise. As of the week ended last Friday, the inventory totaled 482.4 million barrels, the highest level for this time of the year in more than 80 years, and up 10.9 million barrels compared to the previous week. Read more about Only a Matter of Time 04-08-15

Corporate Earnings in Recession 04-01-15

Although the U.S. economy has been the bright spot among the developed economies in recent quarters, lately mixed economic data and reduced growth expectations have weighed on stocks. Although historically a decline in the price of oil tends to act as a major boon for the real economy and the equity market, this time around its actual impact on both has been rather tepid. Read more about Corporate Earnings in Recession 04-01-15

Lacking Fundamental Catalysts 03-25-15

Stocks sold off across the board today, with the exception of energy shares. The highest fliers of late, for example tech and biotech stocks, led the way down. The so-called Fear Index, the VIX, a measure of implied volatility increased more than 13 percent, indicating an increase in put option purchases. In other words, investors are betting on or hedging against equities falling. Read more about Lacking Fundamental Catalysts 03-25-15

"Patient" in Every Way Except Semantics 03-18-15

At the previous Federal Open Market Committee (FOMC) meeting, held in January, Fed officials agonized over whether to retain the term “patient” in the policy statement language, as regards the question of rate hikes. They ultimately decided to do so lest removing the word would mislead market participants to believe that tightening monetary policy was imminent. Read more about "Patient" in Every Way Except Semantics 03-18-15