on December 22, 2014

Every time US stock markets weaken on a day-to-day basis, the US Federal Reserve now jumps in to support them, as the chart above shows:...

READ MORE »
on December 19, 2014

  Conventional wisdom seemed to think the US housing report was positive this week.  But analysis of the data makes it hard to see why....

READ MORE »
on December 18, 2014

One by one, the fault-lines are opening in the debt-fuelled ‘Ring of Fire’ created by the central banks.  First published in June, the map...

READ MORE »
on December 17, 2014

Would anybody have believed these charts, if one had presented them as a forecast for auto sales a few years ago?  Clearly not: Everyone...

READ MORE »
on December 16, 2014

Today’s collapse of commodity prices has the potential to cause a major financial crisis, as I first suggested back in June.  In fact, this...

READ MORE »
on December 15, 2014

Brent oil prices have reached the “$70/bbl and probably lower” level that I forecast in August.  So we now need to think about where they go...

READ MORE »
on December 12, 2014

Believing conventional wisdom can destroy your profits.  One example is playing out in the oil market before our eyes. Another example is the myth that China was about...

READ MORE »
on December 11, 2014

I imagine a version of this chart has been keeping ministers awake at nights in Riyadh and the other Gulf Co-Operation Countries (GCC) in recent...

READ MORE »
on December 10, 2014

Chemistry & the Economy:  2014 Year-End Review Some excellent questions have already been submitted for my year-end webinar tomorrow with the American Chemical Society....

READ MORE »
on December 10, 2014

Does OPEC have a future?  Or has it already disappeared as an effective force in oil markets?  I am not the only one now asking...

READ MORE »