Next week is a huge week for data, and it is likely to show continued economic growth and inflation well under control.
More Quotes from Jason Schenker:
In terms of expectations, the crude build was a bit of a surprise. In theory, it should be mildly more bearish but right now with distillates it is the cold weather.Jason Schenker
Despite the news of escalation, I think the market does not believe it's going to have a real impact on supplies.
Jason Schenker
There is justification for concern about natural gas prices at these levels. Prices now are essentially twice what they were last winter. That's likely to squeeze consumers.
Jason Schenker
Massive inventory declines in crude oil are part of a three-month trend, heating oil prices continue their relentless rise, and the supply disruption premium is in full effect. This may only be the beginning the winter oil bull run has begun.
Jason Schenker
We have to wait for the refineries to come back on line, which will take a couple weeks. We're hearing a lot about the importance of getting the power going, but that isn't the only problem we will have reopening the refineries. Homes throughout the region are destroyed and workers need someplace to live.
Jason Schenker
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.
Jason Schenker
Readers Who Like This Quotation Also Like:
Joy, rather than happiness, is the goal of life, for joy is the emotion which accompanies our fulfilling our natures as human beings. It is based on the experience of one's identity as a being of worth and dignity.Rollo May
Microbes are doing things we didn't even know they could do 10 years ago.
Robert Jackson
Failure is not fatal, but failure to change might be.
John Wooden