105 Quotes by Jason Schenker
- Author Jason Schenker
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This warm weather is lowering demand for natural gas and heating oil. What the market does is all in the hands of the weatherman.
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We've recently seen a series of minor conflagrations in Nigeria, which are resolved swiftly. The headlines raise awareness in the market but the price rises soon fade.
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With gasoline futures at records a nationwide average of $3 at the pump is likely in the near-term.
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There have been attempts this year to solve the bottleneck in the refinery part of the energy equation. That is still not resolved.
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At this point, at these prices we're not likely to see a cut. Politically that is not feasible.
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Concerns about the economy have tipped the 10-year down. Obviously if rates rise, we should see some slowing, but we don't anticipate any type of collapse by any means.
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Energy shares took a hit today as crude prices eased. The drag in energy shares, combined with end-of-year low volume, is bringing volatility to the stock markets.
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The trajectory of the storm is changing and been moved closer to production but it is still no Ivan at this point.
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Is inflation dead? Not yet. If this moderating of inflationary pressures were to appear in the other reports, it could bode well for the economy.
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