The Minutes from the December FOMC meeting were a nonevent.  The Minutes stated the risks from overseas, which include the plunge in oil prices, are largely offset by domestic strength.  Inflationary concerns remain low and the timing of any change in interest rates remains around...

Oil prices and Treasury bond yields both fell again yesterday.  The drop in both will end when all least expect as the momentum is great.  In my view there is indiscriminate selling in one and indiscriminate buying in the other as the market narrative is...

Oil climbed about $2 on Friday to about $56 barrel on perhaps short covering and perhaps from the closing out of option positions.  Has oil found a bottom?  ...

Stocks surged again on a dovish Fed as the US Central Bank and US data is making up for bad news in other parts of the world.  Oil resumed its sell off and energy was a market laggard.  As widely known, the energy issues have...

The two day FOMC meeting commences today.  Much has changed since its last meeting held in October and their mid-September forecasts.   Oil has been crushed, the dollar has rallied and more Americans have jobs than expected.  Will the Fed be dovish or hawkish?   The sharp...