Daily Archives: August 8, 2022

Showing articles 1 - 2 (2 total)

22Jun3:54 pmEST

Markets Have a Sick Sense of Humor Sometimes

I am surprised to see how many market players and pundits are so quick to assume that just because the powers that be want lower oil and gas prices for the midterms that it will materialize so easily.  "They" talk about lower gas prices, but are we sure a federal gas tax holiday will suppress demand or actually stoke it by pulling it forward,...

22Jun10:48 amEST

I Simply Respect the Chemistry

Amid a plethora of reasons for the market to completely roll back over today, be it the dump in futures overnight, Powell talking about a fast rate hike pace going forward, fears of imminent recession, the proposed gas tax holiday backfiring, we have stocks now flashing green as I write this. True, there is a long way to go today and even this...


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