U.S. Oil Supplies in Storage Set to Pass the 400 Million Threshold

By EconMatters     Trend is to Store more Oil    A year ago oil in storage stood at 274 million barrels, and with another robust year of domestic production, and despite curtailed imports, the US Oil Inventory stands … [...]

Goldman Reveals "Top Trade" Reco #3 For 2014, In Which Tom Stolper Goes Long The USDCAD

It’s one thing to fade broad Goldman trade recommendations (and thus trading alongside Goldman and against muppets). It is, however, a gift from god when such a trade comes from none other than the greatest (once again, if you bat 0.000 or 1.000 on Wal… [...]

Yen Carry Lifts Risk Around The Globe In Quiet Overnight Trade

In a carry-trade driven world in which news and fundamentals no longer matter, the only relevant “variable” is whether the JPY is down (check) and the EUR is up (check) which always results in green equities around the globe and green futures in the US… [...]

Why Forecasts of a World Without Carbon-Based Fuel Are Delusional Pt 1

Resource pressure is a constant.    While the US continues to engage in a delusional energy “debate” about whether we will continue to burn coal and whether natural gas is a panacea, China is struggling to acquire and deploy of en… [...]

Frontrunning: November 25

Washington turns bond market upside (FT) China Air-Zone Move Expands Field of Islands Spat With Japan (BBG); Japan rejects China claim on airspace over disputed islands (FT) ‘Great Satan’ meets ‘Axis of Evil’ and strikes a deal (Reuters) Iran Pact Fac… [...]

Guest Post: What Happened To The Future?

Submitted by Gregor Mcdonald via Peak Prosperity, Improbably, the global economy has returned to growth over the past four years despite the ravages of a deflationary debt collapse, a punishing oil shock, ongoing constraint from debt and deleveraging,… [...]

Frontrunning: November 18

What can possibly go wrong: Tepco Successfully Removes First Nuclear Fuel Rods at Fukushima (BBG) Japan’s Banks Find It Hard to Lend Easy Money (WSJ) U.S. Military Eyes Cut to Pay, Benefits (WSJ) Airbus to Boeing Cash In on Desert Outpost Made Field o… [...]

Three Post-Mortems On China’s Third Plenum

China’s Third Plenum has come and now truly gone, following the second, 20000 word “decision” which followed the spares initial communique, which contains much more promises and pledges about the future with a 2020 event horizon, so it is a fair bet th… [...]

Guest Post: Understanding China’s Arctic Policies

Submitted by Arthur Guschin via The Diplomat, Within the last seven years 11 countries (Poland (2006), Russia (2008), Finland (2009), France (2009), Sweden (2010), Iceland (2011), Spain (2011), Denmark (2012), Singapore (2012), Canada (2012) and Japan … [...]

Frontrunning: November 15

China to Ease One-Child Policy (WSJ), China announces major economic and social reforms (Reuters) Consumers line up for launch of PlayStation 4 (USAToday) Trust frays between Obama, Democrats (Politico) Yellen Stands by Fed Strategy  (Hilsenrath)… [...]