Covid-19 is still having a lasting impact, gripping the US economy some 5 months after it reared its ugly head. This time it is targeting the US housing market. With 44 million Americans still unemployed, many unable to pay rent and utilities, and temporary eviction bans set to lift, the US faces an eviction catastrophe […]
Read MoreContinuous COVID-19
With California reporting a new daily high for new COVID-19 cases, 4,515 new cases on Sunday, the continual concern for virus spread should still be at the top of everyone’s priority list. Over just the last two weeks The United States has seen a 15% case increase. Typical travel destinations in the southeast and on […]
Read MoreThe Next OPEC + Discussion
During last week’s OPEC + meeting the group agreed to keep production cuts of 9.7 million barrels per day until the end of July. This effort has helped bolster oil prices to levels of almost double the values in April. The prior OPEC + meeting brought forth the creation of a new advisory group, the […]
Read MoreCoronavirus Spike
With the world being consumed for all of 2020 thus far with coronavirus headlines, we are all familiar with the risks due to exposure and transmission of COVID-19. One of the pieces of information cycling around COVID-19 is the incubation period being up to 14 days, with a median of about 5 days. This timeline […]
Read MoreGoing from Yellow to Green – What does it mean?
As the nation continues to navigate COVID-19, states are starting to open back up. Today in Pennsylvania, more counties are moving in to the ‘Green Phase’. The counties in the Green Phase have mitigated the risk for the 14 days required and are allowed to ‘open’ with strongly suggested guidelines from the Governor, Dr. Levine […]
Read MoreIs America ready?
As we move into week six of social distancing and stay-at-home orders throughout the country, many states are preparing to lift restrictions beginning this week. CNN recently conducted an interview with Bill Gates, the founder of Microsoft. His foundation has studied pandemics for years and is now involved with the fight against COVID-19. Gates told […]
Read MoreCOVID Free Friday
I think we have all been bogged down in COVID-19 related news or news of poor global economics related to commodities, so this blog will be devoted to lighter non coronavirus related topics. Yesterday, for example, was the first round of the NFL draft. It was done via teleconference and quite honestly reminded us that […]
Read MoreNovel WTI Crude Collapse Leads to “Super Contango”
April 20, 2020 will go down in history as the first-ever negative trading day for WTI Crude as stocks plunged 321%, saw -$40.32 a barrel, and created a historic “super contango.”
Read MoreWays to “Fuel” Your Quarantined Life
By now, I am sure we are all looking for different things to do while practicing social distancing and following our state’s “Stay at Home” orders. Days can become monotonous real fast when you are used to being on the go or if your current routine needs pepped up and refueled. Here are a few […]
Read MoreGig-Economy Suffers Setback
In the face of a global pandemic, millions of consumers are turning to alternative methods for receiving groceries and other products. As over 75% of Americans are under shelter-in-place orders, services such as Instacart, Amazon and Whole Foods have been essential resources as we adhere to social distancing. On Monday, workers at these companies expressed […]
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