JJE News and Press, iPathA Series B Bloomberg Energy Subindex Total Return ETN From 01/10/23

Summary On a coincident basis, driven by a historically tight labour market and robust industrial production growth, the US economy remains deceptively strong despite negative real incomes and tight financial conditions. However, the leading indicators of the business cycle continue to ...

Summary The overall stock market is grossly oversold, and my small- to mid-cap stocks are trading at 6.8 times median current earnings and just 2.8 times median forecasted 2023 earnings. Clearly, the price-to-earnings compression has become ridiculous and relentless. We are now at the t...

Summary Oil prices have kickstarted 2023 with their worst decline since 1991. With at least one-third of the global economy set to be in a recession this year, including the US, demand will continue to be suppressed. This could mitigate the expected demand boost from China. It a...

Summary US exports of LNG in 2022, at 81.2 million tons, matched those of Qatar, the #1 LNG exporter in the world, per Bloomberg data. NG futures plunged another 11% on Tuesday, to $3.98 per million Btu at the moment, on weather forecasts over the weekend which predicted a milder first ...

Summary I expect traditional fossil fuel energy companies to continue to excel, rising to up to 30% of the S&P 500 in the upcoming years as technology stocks continue to shrink. After the most aggressive series of rate hikes in decades, inflation is finally moderating. Whether or no...

Summary For 40 years, steadily declining inflation and interest rates buoyed equity returns. That changed abruptly last year. Investors must now adjust expectations to a new macroeconomic and market landscape that will require a fresh mindset to reach long-term goals. By...

Summary Today’s high prices may well lead to tomorrow’s low prices, and tomorrow may arrive sooner than many feared. Asynchronous reopening is set to bedevil the global economy for at least another year. Broad housing market activity during much of 2022 suggests that w...

Summary U.S. October production increased by 69 kb/d to 12,381 kb/d to a new post pandemic high. Production in October 2023 is forecast to be lower than in October 2022. The big production increase in conventional crude in August 2022 is due to the massive downward revision to LTO p...

Summary Last month, Qatar and China agreed to a $60 billion, twenty-seven-year deal for liquefied natural gas. The landmark deal, which will export 4 million tons of LNG per year to China, is notable for several reasons. While the Gulf countries’ treatment of their expatriate...

Summary The price of natural gas futures in Europe continues to plunge off its crazy spike last summer. Dutch front-month TTF Natural Gas Futures traded on Wednesday at €82 per megawatt-hour, down by 77% from the high on August 26 and back to where it had first been in September ...