Down 1127.27, Up 1540.48, down 4034.23, up 1086.25, the Dow’s last six weeks have been a wild ride indeed. Mr. Toad, a Middle Ages thought leader rivalling Occam, nailed it—Semper Absurda, TodiRead More…
02Jan/19
05Dec/18
Tug of War: Earnings, Interest Rates, and Trade Policy
Tug of War: Earnings, Interest Rates, and Trade Policy Under Jerome Powell’s chairmanship, Fed policy focus has returned to long-term sustainable growth and economic stability. This is at best a precarious ventureRead More…
02Dec/18
Canadian Heavy Oil Producers Suffering From WCS Discount
Canada’s heavy crude oil discount to West Texas Intermediate (WTI) crude has increased to its highest level. This has raised the spectre of a prolonged downturn for domestic oil producers who haveRead More…