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by Sven Carlin Summary Historically, investment returns have been almost perfectly correlated to the underlying earnings the respective securities deliver. Currently, S&P 500 earnings are in a Goldilocks period; margins … Read more
By Nick Cunningham U.S. oil production rose by another 246,000 bpd in April, compared to a month earlier, according to the EIA. But the industry outlook continues to darken. Those production … Read more
From Rich Miller and Vince Golle at Bloomberg: A multi-colored graphic that’s made the rounds at the Federal Reserve hints at what Chairman Jerome Powell could face if President Donald Trump … Read more