COVID-19   Operation Warp Speed and the continued efforts under the new administration pushed US vaccine distribution incrementally higher to 62% of the total population given at least one dose with the EU similar at 65% with China claiming 74% and India 38% (which is a big leap higher). With…

OPEC+ Reaffirmed Its Deal to increase production by 400,000 barrels per day, reaching 2 million barrels per day (mbpd) at the end of 2021. Then in May 2022, the baseline for cuts will reset higher, allowing for the UAE to produce about 500,000 bpd more (its reward for going along…

During the month of August, the top 3 performing sectors were: financials (+2.88%), softs (+1.49%), and interest rates (-0.16%). The bottom 3 sectors were: livestock (-5.30%), metals (-3.73%) and grains (-1.15%). Financials locked in their seventh consecutive month of positive gains as the Federal Reserve met in Jackson Hole where…

COVID-19   Operation Warp Speed and the continued efforts under the new administration pushed US vaccine distribution to 58% of the total population given at least one dose with the EU the same at 59% with China claiming 60% and India 27%. While the Delta variant gets many breathless headlines,…