Jason Schenker
Jason Schenker
companies costs earlier earnings energy hurt increase market passing reacting reports seen sooner start stock strong
The stock market is reacting to the strong earnings reports we've seen earlier today. But sooner or later, companies may have to start passing through the increase in energy costs or be hurt by it.
bounce commodity elevated energy fell half last likely march oil prices somewhat
Oil prices fell through the first half of last month, but commodity prices are still somewhat elevated and we're likely to see energy bounce back in the March report.
core increase inflation january percent rate since
The month-over-month increase at 0.4 percent was the swiftest rate since January 2005. The implication is that core inflation may be rising.
believe despite impact market news
Despite the news of escalation, I think the market does not believe it's going to have a real impact on supplies.
behavior changing consumer despite energy high hold relatively spending
Despite high energy prices, consumer spending will hold up relatively well. Consumer behavior is not changing a lot.
capacity coming gulf prices production pulling short supplies
You've got (U.S.) supplies coming from a lot of places: more imports, more refinery capacity and more production from the Gulf of Mexico, and that's pulling down prices in the short term.
build gas natural time
The real shocker is that there was a build of natural gas at this time of year.
consumer cut hit national pump
On a national average, we could hit $3.25 at the pump easily, potentially even by this weekend, ... This is going to cut into consumer demand.
crude oil pressure
mitigated some of the upward pressure on crude oil prices.
continued economic growth huge inflation likely next week
Next week is a huge week for data, and it is likely to show continued economic growth and inflation well under control.
economic general growth jobs looking positive solid
We're looking at some positive expansion, solid growth in jobs and in general economic growth, and that's something we see continuing.
energy exposed fear gasoline lines price soft ubiquitous
Near-term energy price spikes, ubiquitous gasoline lines and fear of shortages have exposed the soft underbelly of the U.S. energy complex,
biggest flooding headed heart hit prices records reports storm
One of the biggest hurricanes ever is headed for the heart of America's refining capacity. Prices will hit new records if we get reports of flooding and other destruction once the storm passes.
fall housing people rates sales squeezed waiting
People waiting for rates to fall have been squeezed out of the market. We're not going to see housing sales plummet, but we will see sales moderate.