OPEC Wants Higher Price But Not High Enough To Aid U.S. Shale

Over the weekend, non-OPEC producers agreed to cut crude output by 558,000 barrels per day, of which Russia would reduce by 300,000 b/d.  This followed OPEC’s November 30 decision to cut output by 1.2 million b/d. The deal goes into … Continued

Consumers’ Willingness To Lever Up = Retail Sales Tailwind

posted in: Credit, Economy | 0

Retail sales up three months in a row, following three straight declines PCE, which includes services, probably better gauge of consumer behavior How consumer spending fares depends on consumers’ willingness to lever up Once every month, U.S. markets await with … Continued