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Equities were relatively quiet as all mulled how the spread of coronavirus beyond China will affect earnings. Nominal selling, focused in the technologies, commenced late morning sending averages down between 0.5% and 0.75%. ...

Only history knows the ultimate outcome of the drone attacks. What is definitively known is oil instillations are not impregnable. That illusion was shattered just as past illusions of invincibility such as the Great Wall of China and the...

Was yesterday a day of significance? Oil advanced over 2% as several oil tankers were attacked in the Gulf of Oman. As widely noted, oil has plunged since sanctions were levied on Iran as inventories have surged. Many, including me, expected inventories...

May’s unemployment data is released at 8:30. How will the statistics be interpreted? The markets have discounted two interest rate reductions by year end. Both Goldman and Morgan Stanley states that such will not occur opining at most only ...

It appears the economic landscape is chaotic. The dramatic shift of the Federal Reserve, trade, the use of algorithms, all drive the uncertainty in the markets and geopolitics. There are huge changes in narratives that ...

Wow!   Depending upon the oil inventory survey, inventories last week declined between14.5 and 12 million barrels versus an expected increase of between 905,000 and 225,000 barrels, respectively.  This was the largest drawdown in either 17 or 30 years respectively and was the greatest “miss” in...