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...The March jobs report welcomes back Goldilocks
Just enough weakness in the report–the number of Americans working part-time but looking for full-time work rose by 135,000 to 6.12 million, the highest since August–to let the market believe that any interest rate increase will be modest and is a long way off. And just enough strength–215,000 new jobs added in March–to keep up confidence in the U.S. economy.
More oil than expected in U.S. inventories
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...Saturday Night Quarterback (on a Monday) 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...Tomorrow is European Central Bank day–market is skeptical that Draghi will deliver more than the minimum
After being disappointed in December when the European Central Bank delivered only the minim expected, financial markets are going into tomorrow, March 10, positioned for another disappointment from Mario Draghi and the EuroZone central bank.
Something different–and disconcerting–about today’s oil rally
I’ve got to say that the oil market seems very impressed with the impending meeting of oil producers–scheduled for March 20–that will, if everything goes right, produce promises from Russia, Saudi Arabia and other countries to freeze production at current record levels. A freeze would do nothing to reduce the current oversupply stored in tank farms and anchored tankers around the world.
Oil’s plunge seeps out to selling by sovereign wealth funds
The Sovereign Wealth Fund Institute reported today that the world’s sovereign wealth funds are likely to withdraw $404 billion from global stock markets in 2016