Jason Schenker
Jason Schenker
buy consumers death katrina shy signal themselves twice
Potentially, Katrina could signal the death knell of the SUV in as much as consumers are going to find themselves once burned, twice shy to buy such vehicles,
concern gas last likely natural prices squeeze twice
There is justification for concern about natural gas prices at these levels. Prices now are essentially twice what they were last winter. That's likely to squeeze consumers.
appears bigger capacity concerns excess market question raise tap unlikely
The bigger question is does OPEC have excess capacity that it can tap into in the longer-term, ... It appears they're unlikely to raise their quotas, and that's not going to assuage market concerns about their capacity.
continued domestic employment fuel further gains gross growth higher home interest mitigate product sales slowing solid strong
Strong continued gross domestic product growth and solid employment gains should fuel further home sales and may mitigate some of the slowing engendered by higher interest rates.
certainly data earnings market piece points report retail sales solid stock weeks
The retail sales report was the most significant piece of data we had in weeks and that certainly had the stock market going. It points to a solid first quarter, with earnings growth.
due energy following higher last next risk suit upside week
After the PPI bounced last week due to higher energy costs, there is a big risk of the CPI following suit next week. There is significant upside risk there.
crude further nuclear price push situation
A further deterioration of the situation in Nigeria, or escalation of nuclear brinkmanship with the Iranians, could push the (New York) price of crude further to 70 dollars.
economy implicitly imply indicate industrial levels likely orders remain sector strong
Strong levels of unfilled orders imply a strong U.S. economy and implicitly indicate more manufacturing in the pipelines. Clearly, the industrial sector is likely to remain strong in the near- and medium-term.
economic katrina number resilience robust service shown survey wake
The ISM service survey joins a number of economic indicators that have shown robust economic resilience in the wake of Katrina and Rita,
average gasoline likely pump records
With gasoline futures at records a nationwide average of $3 at the pump is likely in the near-term.
biggest concerns gas government natural refined reserve strategic
There is no strategic government reserve of natural gas or refined products, and right now the biggest concerns in the marketplace are for products.
demand gas hands lowering market natural warm weather
This warm weather is lowering demand for natural gas and heating oil. What the market does is all in the hands of the weatherman.
bringing combined crude drag energy hit low prices shares stock today took volatility
Energy shares took a hit today as crude prices eased. The drag in energy shares, combined with end-of-year low volume, is bringing volatility to the stock markets.
barrels crude extra gasoline helped natural offer petroleum pressure price problems reserve run strategic
The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upward price pressure on crude oil. The problems with gasoline and natural gas may not be helped even if the SPR is tapped. If refineries are offline and can't run the extra oil, it will make no difference.