Daily Archives: October 26, 2011 @ 7:52 pm (Wednesday)

Valance Weekly Report 10.26.2011

Valance Weekly Report (To download PDF, right click link and select save link as) Highlights US – Consumer Confidence erosion mirroring Europe’s EU – Business and Consumer Confidence at cycle lows JN – Exports improve although domestic conditions remain weak … Continue reading

Posted in Economic Releases, Valance |

Crude Oil Update

Still seems to me that the idea that WTI appreciates to Brent as the Strategic Petroleum Reserve release winds down over the next few weeks is playing out as previously discussed. The WTI discount depends on a serious glut condition … Continue reading

Posted in China, Deficit, Oil, USA | Tagged , , , , , |

MERKEL: ECB INVOLVEMENT IN EFSF LEVERAGE RULED OUT

Looks like Merkel is speaking purely for political effect, which may be all she’s capable of, unfortunately. Fact is, from the beginning, without the ECB ultimately writing the check, it’s all been in ponzi. And like all ponzi’s, it seems … Continue reading

Posted in Deficit, ECB, Germany, Greece | Tagged , , , |