Sunday Non-Plussed, OPEC+ and Rubber Chicken

By Paul Sankey Published on May 5, 2024 at 6:51 PM

Well personally, I feel like I got run over by Fed Chair Jay Powell last week, because I expected him to be hawkish, but he was dovish, simple as that. Guess there’s enough evidence of economic slowdown, for him to think that interest cuts are coming. CNBC May 1st 2024: Federal Reserve Chair Jerome Powell said it was unlikely that the central bank’s next move will be a rate hike. The comment spurred a rally …

Read More

Sunday Masters and Servants

By Paul Sankey Published on April 14, 2024 at 4:21 PM

What with violent gales yesterday, hostile, cold, windy, wet weather here in Brooklyn, and Patricia busy, there was me loafing around the apartment with bored dogs. I found myself non-plussed after a couple of pretty bad Premier League games, and descended into watching The Masters Saturday golf for three hours straight. I barely follow golf. Pondering the emergence of a world #1, Scottie Scheffler, who I had literally never heard of, who plays amazing, with …

Read More