Phil Flynn
Phil Flynn
Philip "Phil" Flynnis an Irish businessman. He was previously a vice-president of Sinn Féin, a trade unionist, an industrial relations consultant, a government advisor and a financier. He was the eldest of five children of a nationalist mother and Fine Gael father...
burying dramatic expensive looking nuts squirrel unless winter year
This year the squirrel isn't burying any nuts and we're going into the winter on fumes. Unless something dramatic happens, we're looking at a very expensive winter.
assets funds hard looking money movement paper places portfolio towards
Funds are looking for places to put money and they feel that fundamentals are still very there. There is a movement towards diversification, away from paper assets and back into hard assets (such as metals)... as a part of a portfolio you just have to have.
ahead betting expect looking market next run warmer week
Analysts are already looking ahead to next week and betting on warmer forecasts. If it doesn't get as warm as we expect then next week the market will run back up.
demand report
After the report tomorrow, demand will come back with a vengeance.
debate high hurt ignore markets oil prices stocks
The correlation between high oil prices and stocks has not been day-to-day. Sometimes the stock markets can ignore high prices, and the big debate is when will the prices get so high that they hurt the economy.
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With less than 2.0 million barrels of spare production capacity, even with higher-than-average supply of oil, the margin of error in the world oil market has never been thinner. And with worries about possible supply disruptions in Iran, Nigeria and Venezuela and another hurricane season ahead of us, traders are betting that it's likely something is going to go wrong.
looked number overall supply though west
Even though the overall number looked good, a lot of the supply was on the West Coast.
forecasts given market saying supplies thinking though traders turning winter
Even though the forecasts are turning colder, traders are already thinking about spring. The market is saying we think the winter is pretty much over given the supplies that we have.
across midwest northeast prices short warm
Warm temperatures across the Midwest and the Northeast is pressuring prices in the short run,
continue good looks saw stock strong
These are very strong numbers. This is very good for the stock market. We saw it rally. It looks like it will continue to do so.
calls cut despite left likes production unchanged vowed
The Saudis vowed that production would be left unchanged despite the calls to cut production by the likes of Iran.
cut false impression last laying meeting people prices realize supplies
People got a false impression from the last OPEC meeting that they were unconcerned about supplies and price, and now they realize that OPEC is potentially laying out the groundwork for a cut in January. They won't just let prices fall.
again host market obscurity oil potential pulled
The oil market once again has been pulled out of potential obscurity by another host of geo-political events.
bush gesture
The Bush administration is going to try to do anything it can, even if it's a psychological gesture to the market.