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By EconMatters
We look at A Bloomberg Go piece regarding the Oil Market, and illustrate just how poor critical reasoning abilities are in this role for the Big Banks. Analysts at Investment Banks are pretty bad in general, but the energy analysts require skillsets that fetch much higher pay in other roles in the Finance World.
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By EconMatters
We think the U.S. Dollar is undervalued going into this week on a short term basis, and should move back above 95 going into Jackson Hole`s annual monetary policy symposium Thursday and Friday. We also think that the market is behind the curve for a 25 basis point rate hike this year.
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By EconMatters
Introduction:
There has been much debate in this oil industry regarding this subject with a lot of poor analysis, no analysis at all, opinions, raw speculation, pure conjecture and every investment bank in the world talking their book on this subject. So we thought we would settle this question once and for all so that everybody is on …

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By EconMatters
The Reason for the large move in the Oil Market over the last 7 trading days, has to do with the record level of shorts that had to cover before the September Futures contract expired. This had nothing to do with the fundamentals of the oil market. With the record level of Oil production by the Saudis in…

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By EconMatters
Refiners are playing games with refinery runs to make gasoline appear in less of a glut situation year over year. Gasoline inventories are still up 20 Million Barrels versus this time last year. So Oil is much higher than this time last year with 65 Million more Barrels of Oil in storage year over year, 20 million more…

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By EconMatters
There will be new legislation restricting Fed Powers after this ZIRP Monetary Experiment gone terribly wrong when the stock market crashes once again. If you cannot raise rates at all-time record highs in stocks when can you?
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By EconMatters
The Big Banks have been regulated to the point of absurdity after the 2008 financial crisis, and when the financial markets crash this time the public will need a new entity to blame. There is nothing but air under stocks right now, very dangerous for investors right here!
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By EconMatters
Does Saudi Arabia cut Oil Production to help their near term budget difficulties and cede market share to the United States, Iran, Iraq and Russia or do they stay the course and try to wait for the oil market to take that next leg down.
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By EconMatters
The bottom line is that the only way the oil market rebalances in the near future is if Saudi Arabia cuts Oil Production. They are realistically the only party that can pull this production cut off right now.
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By EconMatters
A slow Monday after a robust Employment Report with everything basically range bound waiting for some good Price Action Weekly signals. Pay Attention to a Strong EIA Report that could really ignite a short squeeze in the Oil Market.
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By EconMatters
Massive Oil Imports prevented a large draw in Oil Inventories this past week, but this has been consistently happening all summer long. Watch for “Other Oil Products” as net we still had a build in Total Inventories.
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By EconMatters
Demand is not going to be enough to rebalance the oil market, we still need a major supply rebalancing, as the oil market has been oversupplied for a decade.
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