Oil and the Obama Doctrine
An Iran nuke deal isn't as simple as Shell's BG deal. Meanwhile, Yemen destabilizes.
An Iran nuke deal isn't as simple as Shell's BG deal. Meanwhile, Yemen destabilizes.
The DICK-tators at the ECB declare a QE victory for a recovery already in place for years.
Two quarters of earnings-wrecking dollar strength is all about oil -- so it's about over.
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.