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Burrito bites

Happy Halloween weekend, as we make it to the end of another week. General markets have surprisingly been shy of both scares and bears, as the cup of positive sentiment overfloweth after European...

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Burrito bites

Happy Friday 13th! And it is indeed turning out to be an unlucky day for markets, as credit downgrades to European countries have scuppered the goodwill that had been carefully constructed in the last...

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File Under: Stormy Weather

Unfortunately my flight to New York was canceled yesterday (although it was probably for the best…), so this morning’s appearance on CNBC’s Squawk Box was done via satellite, and with blue skies to...

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Someone Is Always Making Money Somewhere

Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a billionaire selling a stock short (i.e., Herbalife)...

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Burrito Bites

Good day! And as we make it to the end of another week, crude oil is pushing on to a multi-month high on a combo of a weaker dollar and geopolitical tension, overlooking some bearish-tilted monthly...

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Wowee. What a week. After last week’s post-Fed craziness and subsequent sell-off, this week has seen the crude complex gradually unwinding the wall of worry built up by fears of the end to stimulus. As...

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File Under: Monsoon Season or Driving Season?

In this morning’s appearance on CNBC’s Squawk Box we covered both geopolitics and the impending arrival of driving season. As anchor Joe Kernen lamented the absence of summer, I couldn’t help but note...

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