PETRODOLLAR has limited economic impact

Markets remain volatile, but the S&P 500 is up well above the Ukraine Invasion low and it has recouped all the losses since the week before the invasion. There’s always something to fear and right now a lot of people are concerned about the “petrodollar”.  As I’ve discussed years ago in the blog and justContinue reading “PETRODOLLAR has limited economic impact”

US Petrodollar GAP

I anticipate global markets to break out of their multi-year growth stagnation for several reasons.  Over the past twelve months, it appears that commodities, energy, and interest rates have all reach a bottom.   That’s good news.  The remaining significant market factor that has not yet confirmed a low is China’s economic slowdown.  Assuming China canContinue reading “US Petrodollar GAP”

It’s still all about Oil

Is the market about to make an all-time new high?  I remain skeptical. Ignore Q1 earnings announcements that will be trickling out over the next two weeks.  The slack in US and global economies is the result of two related factors:  Oil Glut & China Slowdown.  Neither of which are easily resolved. Note the belowContinue reading “It’s still all about Oil”