Glenn MacNeill
Glenn MacNeill
commodity drives future market potential prices rise small
The market is short-term oriented, so even a small rise in commodity prices drives the market as potential future earnings.
green screen
There's not much green on my screen right at the moment.
build expect inventory markets numbers season shoulder stage totally
We're in a shoulder season here and you kind of expect the inventory numbers in the U.S. to build at this stage and the markets to be a little soft, so I don't think it's totally unexpected.
barrel healthy implies oil risks
Oil at $75 a barrel implies a lot of geopolitical risks and we're probably getting back to something a little more supply-and-demand oriented, which is healthy for the market.