Why OPEC Couldn't Move Oil Prices Higher

Shutterstock photoThe latest OPEC meeting was uncharacteristically tranquil, with little of the eleventh hour infighting and arm-twisting that has been so prevalent in previous meetings. The cooperative spirit has allowed OPEC to roll over its…

GDP Second Estimate In Focus

Shutterstock photoThe first revision to Q1 GDP has hit the tape this morning, and the results are a marked improvement over the disappointing initial read of 0.7%. The new figure is ratcheted up a half…

Sentiment Speaks: Central Banks Control Nothing

Shutterstock photoMany believe in the Fed/PPT's OmnipotenceThe thickness of intellectual dishonesty amongst pundits and analysts in this stock market needs a power-saw to be cut through. And nothing presents this perspective more clearly than the…