Oil AND interest rates up?
It’s only been a few hours, but seems the first time since August higher oil doesn’t mean lower interest rates, and might even mean higher
February 12, 2008
It’s only been a few hours, but seems the first time since August higher oil doesn’t mean lower interest rates, and might even mean higher
Iraqi Oil Minister Sees No Output Change from OPEC (Reuters) Iraq’s oil minister Hussain al-Shahristani said on Thursday there was no sign of any shortage
The markets and the Fed now look at higher crude as evidence of higher demand. ♥
Oil futures jump back above $90 a barrel by John Wilen Oil futures jumped back above $90 a barrel Friday, adding to the previous session’s
Monoline problem addressed, stocks suddenly oversold as that risk fades. Most earning look strong. Guidance may be soft but that’s at least partially a function
(an interoffice email) > the only problem i have with Meltzer is that is the consensus view now, > that inflation is a foregone conclusion-i
Major themes intact: weak economy higher prices Weakness: US demand soft but supported by exports. US export strength resulting from non resident ‘desires’ to reduce
The desire to accumulate $US financial assets has been diminished for at least the following reasons: Treasury policy – Paulson is actively pushing both a
ECB’s Mersch Says Oil Must Not Boost Other Prices by Simone Meier (Bloomberg) European Central Bank council member Yves Mersch said a surge in oil
Crisis may make 1929 look a ‘walk in the park’ Telegraph by Ambrose Evans-Pritchard As central banks continue to splash their cash over the system,