Crude oil is trading at its lowest level in almost a month, below its 200 day moving average and the psychologically important $100 level. The commodity first saw a ramp a couple weeks ago as …
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JPM held their annual analyst meeting last week and while the street generally walked away satisfied with the commentary, headwinds to the sector and JPM specifically remain. Bernstein Research analyst John McDonald had a very …
Continue readingLast Thursday in this space I described my amazement that risk assets did not appear to be pricing in a whole heck of a lot of concern relating to the heightening tension in Ukraine (read …
Continue readingRussia essentially invades Ukraine on Friday, so financial markets are reacting strongly this morning. A few general themes from the overnight price action: 1) Equities lower, Europe more than Asia. Notable that the biggest losers …
Continue readingIn case you missed it, things continue to heat up in the Ukraine. Here is the headlines we woke up to this morning from the WSJ.com: With the last couple weeks’ violence in the Ukraine …
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