By Paul Sankey
Published on May 9, 2024 at 9:51 AM
A couple of weeks ago I made a noise complaint – just so much headline news that has a marginal impact on anyone’s reality. How do we see the forest for the trees? Protestors chant: Q: “What do we want?” A: “Media attention now!” Tonight on Happy Hour 4pm ET – Luke Gromen, Macro superstar. It’s not just what he knows, it’s who he knows. Luke clearly inhabits the virtuous circle of top clients = …
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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 …
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By Paul Sankey
Published on May 4, 2024 at 2:03 PM
The best E&P earnings performance at the 2/3 mark through reporting season gets a deep dive. Source: Bloomberg, Sankey Research Civitas is the company that sparked our Heavyweights thematic note of 2023. A living, breathing case study in our Heavyweight thesis that bigger is better in energy today. We debated timing a note on CIVI – publish in front of the earnings print last week (so before CIVI reported after the market Thursday) or publish …
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