Monthly Archives: January 2016

a number of on again, off again, stories that Russia was planning to meet with the members of the OPEC cartel to negotiate production cuts drove oil prices higher this week, but even now it’s still not clear if there … Continue reading →

the key release this week was the the first or “advance” estimate of 4th quarter GDP from the Bureau of Economic Analysis; the other most widely watched reports were the December advance report on durable goods from the Census bureau, … Continue reading →

crude oil supply: gasoline supply: monthly sales-weighted fuel-economy: 4th quarter GDP:

oil prices have been quite volatile this past week, dropping almost 4% when the market opened Tuesday, and then later soaring 21% from their Wednesday lows…recall that US crude prices for crude had fallen to 11 year and then to … Continue reading →

the most widely watched reports released this past week were the December Consumer Price Index from the Bureau of Labor Statistics, the December report on New Residential Construction from the Census Bureau, and the December report on existing home sales … Continue reading →

oil prices: oil supply and demand: oil supply vs historical:

as the price of oil has continued to fall over the past several weeks, i’ve been expecting and waiting for the price of oil to stabilize, maybe even rise a bit, such that the ongoing drop in the price of … Continue reading →

the four macroeconomically important reports released this past week — retail sales for December and business inventories for November from the Census bureau, Industrial Production for December from the Fed, and the Producer Price Index for December from the BLS … Continue reading →

oil prices: retail sales: 90 day delinquencies vs foreclosure starts: foreclosure starts as a percentage of 90 day delinquent: state delinquency table: loan counts, foreclosure and delinquency buckets: same as above, edited, resized:

after all of our warnings about the investor-state dispute settlement (ISDS) provisions of the TPP, we should have seen this coming: on Wednesday, TransCanada announced that it is filing a series of claims under those same provisions of NAFTA (the … Continue reading →