Energy markets want to know “Wither the weather?”
I expect volatility in energy markets on weather driven speculation to continue. The extremely low price of natural gas and the extremely high level of bearish opinion has created an asymmetrical pattern of risk and reward.
Gaming revenue up in Las Vegas in November thanks to low rollers, but big fish continue to stay home
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Low oil prices force cuts to Saudi budget and gasoline subsidies
The subsidy cuts announced yesterday by Saudi Arabia are a big deal. For example, the government price for gasoline went up 50% to 0.9 riyals per liter today from 0.6 riyals yesterday.
How long before China’s growth reaccelerates? I’m starting to hear 2018 or later
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Sector Monday: Why the Saudis will win–and then lose–the oil wars in 2016
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...China fears again–but this time it’s not (mostly) the economy
The 2.6% drop in the Shanghai Composite Index, the biggest drop since November 27, looks like it was triggered worries by about the end of a six-month ban on stock sales by shareholders with stakes of 5% or more.
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Can consumer spending make up for lower exports in the U.S. economy?
Revised figures show the U.S. economy growing at a 2.0% rate in the third quarter but consumer spending minus inventories and exports increased at a 2.9% pace
Dollar falls, oil moves up on short-term trading bets
It’s important to remember that no trend goes straight up. Today we’re seeing a continuation of profit taking in the dollar and a move up in oil prices on bets for a short term bounce
I don’t rule out the traditional Santa Claus rally this year–but I’m not sure it will be worth playing
Most years–34 of the last 45 in fact–stocks rally in the last five days of the trading year and the first two days of the next trading year. In that 45 year period the average gain has been 1.4%.