Oklahoma

Key Events In The Coming US

The main focus this week will be on President Trump's speech to Congress and Chair Yellen's speech which is the last before the blackout period. US durable goods, ISM, the BoC rate decision, EZ CPI, UK PMIs and a busy calendar in Australia & Scandinavia also coming up.

EPA Foe Pruitt Confirmed To Lead Agency

The Senate voted to confirm Scott Pruitt, an outspoken critic of Obama-era climate rules, to lead the Environmental Protection Agency - the very agency he has clashed with in the past - ushering in what are likely to be dramatic changes to the agency.

Passing On The Permian: Has The Bubble Grown Too Big?

Has the Permian Basin become too hot? More companies and enormous sums of capital continue to flood into West Texas to take advantage of the most prolific shale basin in North America. But rising oil prices might have a counterintuitive effect on the Permian...

Key Events In The Coming Humphrey-Hawkish Week

The key economic releases this week are CPI, retail sales, and industrial production on Wednesday. In addition, there are several scheduled speaking engagements from Fed officials this week, including Chair Yellen’s semi-annual Monetary Policy Report to Congress on Tuesday and Wednesday (Humphrey-Hawkins).

The Uncanny Similarities Between President Trump And FDR

The first observation that really struck me is how much Trump genuinely cares about “the little guy”. FDR was just as sincere about helping all the millions of hungry, homeless and jobless Americans, during the Great Depression. The US had to wait eight years after the Great Financial Crash of 2008, also known as the Great Middle Class Gang Bang, for populist Trump to ride to the rescue.

Is The Kremlin Funding A Campaign That Undermines U.S. Fracking?

The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved in anti-fracking campaigning. Some authors interpreted this involvement as a “propaganda effort”, while others claimed the Kremlin was financially backing anti-fracking groups in the U.S., without, however, providing any evidence for this claim.

Alex Jones' InfoWars Offered White House Credentials

"Here’s the deal, I know I get White House credentials, we’ve already been offered them, we’re going to get them, but I’ve just got to spend the money to send somebody there. I want to make sure it’s even worth it. I don’t want to just sit there up there like ‘m in the media, look our people are there.’"

America's Putin Derangement Syndrome

Last week as Trump was preparing to take office, New York Times declared "the big winner" of the change in US presidents was Vladimir Putin. So how did he do it? The answer is not by blackmailing Trump, hacking the DNC, or any other such nonsense put out by disappointed Clintonites. Rather, Putin prevailed through a combination of skill and luck. He played his cards well, and had the good fortune of having an opponent who played his own hand extremely poorly - Russia won because America lost.

Budget Showdown Looms As Conservatives Press For Entitlement Reform

"I’m not looking to pick a fight with the president of the United States, but if his goal is to put the country on a fiscally sound course, he’s going to have to address entitlement reform.  Anybody who is going to balance the budget on discretionary spending [cuts] is on a fool’s errand."