Tuesday, November 23, 2021

Oil Prices, Inflation and Supply Chain Issues Point to More Volatility

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

Oil Prices, Inflation and Supply Chain Issues Point to More Volatility

November 23, 2021

There was a lot going on in the market on Tuesday...

Oil, natural gas and coal stocks were all down a little in the morning before the bell. And just after I sat down at the desk at 7 a.m. EST, President Joe Biden's staff announced it would release 50 million barrels from our Strategic Petroleum Reserve to combat high oil prices.


Most people thought that would push the price down — including the president — but us career energy analysts knew y'all were in for a surprise..

Get Ready for Volatility

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Why Powell's Renomination as Fed Chair Is the Only News That Matters

November 22, 2021

There is a ton of meaningful economic data coming out this week... Under normal circumstances, that's where our focus would be.

Continue Reading

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