Tomorrow – $PBR Petrobras is holding a press conference at 6Pm local time.
Correlations breaking down?
Do I think Inflation is Rising?
I have to say I do. Last week the Fed told us with a dovish voice that they could still see liftoff when you don’t expect it. I think a lot of folks don’t expect it. Last week CPI data was more than a little hot. Higher oil prices reverse what was the match that lit latest round of CB easing and QE measures. Falling oil really put the wind at the EBC’s back.
Anybody hear Naimi yesterday? Saudis think demand goes higher.
Brent up another 3% today. Not only did the market over-react on U.S. oil supply issues not a demand based fall in prices that people that only now are some grudgingly admitting but on the downside.
Emerging Money Daily Audio Call January 30 – Your Ticket Around The World – On the call today we talk about
CNBC’s Dominic Chu reports on stocks that lost and capitalized on big market swings as the Dow heads towards 18,000.
Emerging Money Daily Audio Call – Wednesday, December 10 – On the call today we get into emerging market levels where we ticked lower another 1% today well through the October lows and we are dancing