Just-In-Time Energy
As crude hits the top of our predicted 2015 trading range, we look ahead to $15-$40 oil.
As crude hits the top of our predicted 2015 trading range, we look ahead to $15-$40 oil.
The oil shock hits CAPEX and imports -- "transitory" or not, June liftoff is off the table.
We crawl into Yellen's decision-averse mind to see numbers that don't clear the liftoff hurdle.
Rising yields mean we just avoided history's first recession caused by low oil prices.
Stocks aren't cheap, but they aren't scary rich. Rising earnings can offset a yield back-up.
The back-up in euro area yields is a good thing -- it's all about QE and improving inflation.
A big beat, but not far below the surface many reasons for the FOMC to do nothing in June.
Saudi and UAE are the only OPEC winners. As shale rolls over, the cartel's share will grow.
All the dot-plots move down one rate-hike, as the Fed becomes "an object at rest."
Falling crude prices almost caused a recession. Stabilizing prices are igniting expansion.