Jason Schenker
Jason Schenker
disruption issue number physical premium supply
The supply disruption premium has overwhelmed fundamental physical supply in the marketplace as issue number one.
declining employment orders performed prices sector service
The service sector performed well, with new orders rising, prices declining and employment inching up.
downward fades headlines iranian moves oil price prices several situation
You could still see some downward price moves if the Iranian situation just fades from view. If it fades from the headlines you could see oil prices move down several dollars.
crude easily hit
I think it is easily conceivable that we could see crude futures hit $70 this week.
aircraft defense sky
The sky isn't falling, just new non-defense aircraft orders.
bear persist
If the inversion is to persist or deepen, then it may be interpreted as a real bear sign.
energy gone prices report since transitory
I don't think the energy prices that have only gone up since this report are some transitory aberration,
energy fears fed hikes increases likely price prove transitory
If energy price increases do not prove to be a transitory blip, inflationary fears are likely to increase and Fed hikes are likely to continue,
correction further headlines likely move prices seems
A correction seems likely if we don't see a further intensifying of the geopolitical crisis. There will have to be further headlines for prices to move higher.
due energy following higher last next risk suit upside week
After the PPI bounced last week due to higher energy costs, there is a big risk of the CPI following suit next week. There is significant upside risk there.
background both early iran march situation stay until
The Iran situation will stay in the background until early March when both the IAEA and OPEC meet.
energy exposed fear gasoline lines price soft ubiquitous
Near-term energy price spikes, ubiquitous gasoline lines and fear of shortages have exposed the soft underbelly of the U.S. energy complex,
bounce commodity elevated energy fell half last likely march oil prices somewhat
Oil prices fell through the first half of last month, but commodity prices are still somewhat elevated and we're likely to see energy bounce back in the March report.
core increase inflation january percent rate since
The month-over-month increase at 0.4 percent was the swiftest rate since January 2005. The implication is that core inflation may be rising.