Daily Comment
Daily Comment (March 4, 2016)
by Bill O’Grady and Kaisa Stucke [Posted: 9:30 AM EST] BREAKING NEWS: Former Brazilian President Lula has been detained for questioning in an investigation of corruption. So far, he has not been arrested. Interestingly enough, it’s “risk on” with Brazilian assets, the BRL is advancing and Brazilian equities are rallying. This reaction may be due to… Read More »
Daily Comment (March 3, 2016)
by Bill O’Grady and Kaisa Stucke [Posted: 9:30 AM EST] U.S. commercial crude oil inventories jumped 10.4 mb for the week ending 2/26, well above forecast. Current stockpiles remain at 80+ year highs. We are only 21 mb below the all-time high and there is a very good chance we will make a new high in… Read More »
Daily Comment (March 2, 2016)
by Bill O’Grady and Kaisa Stucke [Posted: 9:30 AM EST] Super Tuesday didn’t bring too many surprises. Donald Trump and Sen. Clinton both won the majority of states but, with proportional delegate distribution, all the candidates still running gathered at least a few delegates. Soon we will shift to winner-takes-all voting, which should accelerate the process… Read More »
Daily Comment (March 1, 2016)
by Bill O’Grady and Kaisa Stucke [Posted: 9:30 AM EST] It’s “Super Tuesday,” perhaps the most important date on the primary calendar. By tomorrow morning, we should have a fairly good idea of who will be the candidates from both parties. Polls suggest that it will be Trump versus Clinton for November. It probably won’t be… Read More »