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While some criticized the UK government for collapsing the pound on the government's plans to cut taxes, others were buying the British currency. The pound's movement on Friday and Monday looks like a...
It was always going to be a tough sell given the speed at which markets pushed down into a retest of June lows last week, but I would have thought a bounce would have lasted longer than a...
The S&P 500 tumbled 2% Thursday, giving back all of Wednesday’s gains. As they say, easy come, easy go. This remains a volatile market and that means oversized moves in both directions. The...
In response to Prime Minister Liz Truss' defense earlier today of Friday's massive package of unfunded tax cuts that rocked markets, the pound sterling lost two days' worth of gains, and UK gilt...
The Federal Reserve Bank of Dallas' third quarter energy survey was released yesterday (Sept. 28). It provides an interesting look at oil and gas production in the most productive onshore region in...
Natgas' Achilles' heel seems to be output above 100 bcf daily Analysts forecast a higher-than-seasonal 94 bcf build to gas storage last week Last week's weather reading was 60 CDDs, slightly above...
The S&P 500 popped 2% Wednesday, snapping a six-day losing streak. Even in this overwhelmingly bearish environment, seven down days was a little too much and a bounce was inevitable. But this...
In mid-August, about two days before the ultimate peak, I had noted that many of the previous market leaders all had approached important long term resistance levels. Those market leaders were noted...