Today the Case/Shiller housing price data came out and it showed prices up nearly 20% YoY. Brent crude oil touched $80 per barrel and is on course for its best month since February. Treasury yields have risen quite dramatically over the last week, with the 10-year now above 1.5%, the highest since June.  Natural gas...Read More

It is very difficult to forecast the future outlook for oil prices.  In relation to other forms of energy such as natural gas it is obscenely expensive.  Supply isn’t really constrained even with the difficulties in demand and production has been relatively solid.  Hundreds of billions of dollars are being spent to develop new deepwater...Read More