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Evidence is mounting that oil prices may decline in the coming months. Whereas the common perception since March has been that we would see an uninterrupted—if slow—recovery, we are...
Natural gas bulls might just feel like taking a victory lap. And why not? Prices of the power generation fuel are up 35% since the start of August, and if they stay their course, could finish...
Since early spring, broader equity markets in the US have been charging ahead. On Aug. 18, the S&P 500 index closed at 3,389.78, above its previous peak of 3,386.15 in February. So far in the...
With the Q2 2020 earnings season behind us, investors now have little doubt that big-box retailers and tech giants are the biggest beneficiaries as the pandemic boosted demand for their products and...
The US Federal Reserve won’t be implementing yield curve control anytime soon, if the minutes of the July meeting released Wednesday are any indication.A “majority” of participants...
After its economy slumped by 20.4% during the second quarter, some have been calling the UK “the sick man of Europe.” Indeed, it's the worst contraction on record for Britain, putting it...
In their typical form, the Federal Reserve’s meeting minutes—usually released three weeks after its Federal Open Market Committee sits—articulate what the FOMC did not say in its...
Earlier this month, the Office for National Statistics (ONS) officially declared the UK economy in recession. It marked the first time since the 2008-09 financial crisis that the UK economy had fallen...