The Daily Shot Brief – May 8th, 2020

Greetings,   United States:┬áBloomberg’s consumer sentiment index continues to worsen (contradicting some other measures which show stabilization). The buying climate deterioration has been more severe than personal finances, as consumers retreat and the savings rate climbs.   United Kingdom: The Bank of England is forecasting the worst yearly decline in the GDP in centuries.   …

The Daily Shot Brief – April 28th, 2020

Greetings,   Energy: Crude oil is under pressure again as stockpiles approach physical storage capacity globally. June WTI futures are nearing $11/bbl.   Will inventories exceed maximum available storage capacity?   Commodities: Processing plant closures continue to wreak havoc on US meat markets.   Meat processing margins have spiked.   Equities: Hedge funds are positioned …