COVID-19 Operation Warp Speed and the continued efforts under the new administration allowed the US to break the 3 million doses per day in late March and even 4 million doses administered on two days in early April. 33% of the US population received at least one dose with…
OPEC+ Surprised Markets Again by increasing at their April 1st meeting, with increases of 350,000 barrels per day (bpd) in May, another 350,000 bpd in June and further 400,000 bpd or so in July. Adding to the upcoming supply, Saudi Arabia said it will unwind its voluntary 1 mbpd in…
During the month of March, the top 3 performing sectors were: livestock (+8.89%), financial indices (+4.01%), and grains (+0.63%). The bottom 3 sectors were: softs (-7.15%), interest rates (-1.51%) and currencies (-1.07%). The Federal Reserve (FOMC) met on March 16th-17th to discuss monetary policy, specifically inflation. Per the press release,…
Without question 2020 will go down as one of the most interesting years in modern history. Outside of the pandemic, which affected the entire world, the United States was going through a Presidential election year. Whether your political views lean left, right, or somewhere in the middle we felt it…