Crude Oil weak collapses creating a buying opportunity to buy at $45-47 Natural Gas tests $3.00 resistance as heads into injection season Government bond prices continue to collapse as global growth constrained by political uncertainty US Debt Ceiling – 3/15 Netherlands Parl. Elections – 3/15 French Pres Elections - 4/23 & 5/ 7 Iran Pres Elections - … [Read more...] about Energy Markets Test Limits: US Natural Gas Rallies as Crude Oil Collapses
Macro
OPEC Jolts Market as Liquidity Tightens
The monkey remains at work distracting us with the drama of the 2016 US elections meanwhile liquidity tightens as debt problems lurk and turmoil continues in the Middle East. The Sunday, December 4 Italian constitutional referendum has the potential to make a real impact to our financial markets by intensifying political uncertainty in Europe. While the shock of a Trump … [Read more...] about OPEC Jolts Market as Liquidity Tightens
Energy Markets End Weak – Bond Market Warns of Higher Rates
The monkey continues to test investor theories and convictions as the markets gyrate setting up for major shifts. Energy markets closed October in a weak posture with WTI failing to close the month above the critical level of $50.00 and US Natural Gas closing below $3.00. While the constant stream of US election drama dominates the US press global turmoil intensifies sending … [Read more...] about Energy Markets End Weak – Bond Market Warns of Higher Rates
Civil Unrest Continues to Rise
Friday the 13th has traditionally been viewed as an unlucky day. This year’s Friday the 13th culminated with a series of terrorist attacks in Paris, leaving an estimated 129 people dead. The attacks demonstrate the desperation of the attackers for which ISIS is claiming responsibility. Turn of the Cycle Despite coordinated stimulus from central bankers, global growth … [Read more...] about Civil Unrest Continues to Rise
Greek Tragedy Moves to China
Greek Tragedy moves to China As we celebrated the summer solstice, the longest day of the year, the Greek drama continues with a rumored agreement to continue the stimulus in return for promised reforms only to have Greek Prime Minister Alexis Tsipras announce a surprise referendum on July 5: after June 30 which puts the IMF payment into default. Late last week EurAsia Group’s … [Read more...] about Greek Tragedy Moves to China