Geopolitical power is moving from energy consuming countries to the producers. We may see more of these supply shocks in the years ahead.
More Quotes from Jason Schenker:
For the moment, however, we stand by our 5 percent forecast to be achieved by the May Fed policy meeting.Jason Schenker
People are waiting for the shoe to drop. Which shoe it is doesn't matter. They just want it to be done.
Jason Schenker
Potentially, Katrina could signal the death knell of the SUV in as much as consumers are going to find themselves once burned, twice shy to buy such vehicles,
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OPEC is likely to be a critical event next week. A cut in production, however, seems quite unlikely despite slower fourth-quarter U.S. GDP growth out today and a well-supplied market. The specter of oil supply disruption haunts energy markets.
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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.
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The ISM service survey joins a number of economic indicators that have shown robust economic resilience in the wake of Katrina and Rita,
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Based on Topics: Power QuotesBased on Keywords: geopolitical
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