JJETF News and Press, iPath Bloomberg Energy Total Return Sub-Index ETN From 04/24/24

2024-04-24 12:30:00 ET Summary Last week brought hawkish remarks from a cast of Federal Open Market Committee members. I still believe a US rate cut in June and a total of three cuts for the year are very real possibilities, but markets need to see more data. Prices for West T...

2024-04-23 09:00:00 ET Summary In its fight against inflation, the last thing that the Federal Reserve needs is an oil price shock that would result from the disruption of oil flowing through the Straits of Hormuz. High interest rates for longer are bound to deepen the commercial ...

2024-04-22 15:30:00 ET Summary The global economy is now back on a growth trajectory, but there is a potential fiscal crisis to watch for in 2025. US Treasury Credit Default Swaps Show Elevated Deficit Concerns. Global growth should make you rethink your commodity allocation a...

2024-04-20 01:30:00 ET Summary The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. Working natural gas in storage is forecast to be significantly above the 5-year average in 2024 and 2025, which may lead to relatively low natural gas prices...

2024-04-19 16:00:00 ET Summary Possible market scenarios as Mideast tensions rise. As Israel-Iran tensions increase, the implications for bonds, stocks, commodities. Can Middle East tensions impact inflation? ... Read the full article on Seeking Alpha ...

2024-04-19 05:00:00 ET Summary Geopolitical conflict and the specter of ongoing weakness in the Chinese economy continued to have an outsized impact on commodity prices for most of the quarter. Oil demand is expected to reach an all-time record high in 2024. Gold continues to ...

2024-04-18 15:03:00 ET Summary Global shipping routes are already heavily impacted from the Red Sea to the Gulf of Aden because of ongoing geopolitical strife. If the Strait of Hormuz is in any way disrupted, the impact on oil and global trade could be huge. On the demand side...

2024-04-18 07:45:00 ET Summary Amid all-time highs for gold and sticky inflation, we turn our eye to the concerning fiscal outlook for 2025. At the end of 2023, we suggested that the three major macro factors - monetary policy, government spending and global economic growth - woul...

2024-04-18 07:00:00 ET Summary We believe investing in politically sensitive commodities, such as oil and metals, could mitigate the potential impacts of rising geopolitical turmoil. Iran’s direct attack on Israel opens yet another alarming chapter in the Middle East’...

2024-04-18 03:00:00 ET Summary The oil market continues to be supported by ongoing tensions in the Middle East. The lack of price action following recent escalation has been surprising but suggests there already is a large risk premium priced into the market. Even so, there is...