Ford

Frontrunning: August 25

  • Trump to push for tax reform passage by year’s end, says Cohn (FT)
  • Bond Routs, Stock Surges: Jackson Hole Can Be Messy for Markets (BBG)
  • Hurricane Harvey intensifies (Reuters)
  • GOP Plan to Kill Estate Tax Sets Up Conflict Over Charitable Giving (BBG)
  • ECB Is Set to Buy More Bonds (WSJ)

Frontrunning: August 22

  • Trump commits to a 'fight to win' in Afghan war (Reuters)
  • Stay or Go? Some Trump Aides Are Pressed From All Sides (WSJ)
  • Futures higher as traders pick up beaten-down stocks (Reuters)
  • Divers Search Compartments of Ship for Missing Sailors (WSJ)
  • Why Do U.S. Navy Ships Keep Colliding? (BBG)

Can The Permian Push Oil Prices Down To $40?

Two analyst firms have revised upwards their production growth forecasts for the Permian, expecting oil output there to be 300,000 bpd higher by the end of this year...That’s the kind of consensus market players like to see, especially when it comes a couple of days after reports that investors are pulling out from the Permian.

When The Grid Goes Down...

"The vehicle comes to a stop, and you try the ignition again. You look at your watch, a Casio G-Shock, to find there is no display. You reach for your cell phone. Nothing. It’s dead. There are perhaps a dozen cars around you…half to your front and half to your rear. All of them have stopped... The book 'One Second After' has just played out in real life."