Mike Ryan
Mike Ryan
ali continues crude heard increases less low prices production push rodriguez rumors yesterday
Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated. Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.
across bond clearly energy growth inflation labor last market pressures price prices push time
For the bond market, it's clearly not bullish, ... At a time where growth is strong, the labor market is still tight, and price pressures are building, the last thing you need is a surge in energy prices that will push inflation up across the board.
arabia barrel happened issues last low move oil prices push rules three understand
The big move in oil happened over the last three days. I think we all understand the rules with oil now. You're going to have issues about inventories being low and that will push prices up. Then Saudi Arabia will say $30 a barrel is not sustainable so we're back at this game.
door fed further kept open today
I think what the Fed really did today is they kept the door open for further cuts.
dangerous human lethal virus
It is a very, very dangerous and lethal virus in human beings.
credit demand issues positive starting
Spreads have come back a bit. We're starting to see demand for credit issues as well, and I think it's a positive development.
asia concerns contagion financial flight quality region russian saw situation spread type
We don't have the same concerns about a financial contagion that we saw spread once through the region of Asia and then, certainly, in Russia. This hasn't been the same type of flight to quality that the Russian situation put upon us.
continuing stock
We are continuing to take our cues from the stock markets.
early expect serious taking victims
We're early in the outbreak. We expect more cases. It is a very serious outbreak. Ebola kills its victims very quickly. We're taking this outbreak very seriously.
above capital certainly concern consensus dependent dollar foreign friday gap reading trade weakness weigh
We're so dependent on foreign capital that, if you could see any weakness in the dollar it could come on Friday with the trade numbers. If we see a sharply above consensus reading for trade, there could be some concern about the sustainability of that trade gap and that could certainly weigh on the dollar.
bond fully meeting offer outcome statement
The outcome of the meeting is fully priced into bond prices. Only the (Fed) statement may offer intrigue.
brought control looking months poultry six total
We are probably looking at six months to two years before some of these outbreaks can be brought under total control in the poultry population.
everybody line
He makes everybody better. On his line and on the team.
congress damaging decides engine higher priority program restore sure
If the Congress decides that the priority for this engine is higher than the DoD has proposed, then I'm sure the Congress will be able to soundly and thoughtfully restore the program in a way that will be the least damaging to everything else.