Public Oil Prices Might Be Peaking Jun 24, 2022 2 min read The best cure for high oil prices is high oil prices. They are boosting production, while weighing on demand. As a result, crude oil prices may be peaking, which would certainly help to cause overall inflation to peak. Consider the following recent developments: (1) US petroleum output rose to 19.4mbd during April, with crude oil field production rising to 11.9mbd, natural gas liquids at 5.5mbd, biofuels at Ed Yardeni
Public A Horrible Week Even for Energy Jun 18, 2022 1 min read This was one of the worst weeks in one of the worst years, so far, for the stock market. Of the 100+ industries that we track in the S&P 500, only one was up, namely, Air Freight & Logistics. All the rest were down with more than half exceeding the 5.8% decline of the S&P 500. Keep in mind that the S&P 500 Ed Yardeni
Paid Don't Bet Against American Consumers May 17, 2022 1 min read paid How much pain at the pump can consumers take? The national retail price of a gallon of gasoline soared to $4.59 during the May 16 week. Ed Yardeni
