Federal Reserve Chairman Jerome Powell is tasked with telling Congress this week that the central bank will be doing more to control inflation at a time when markets expect it will be doing less.
Stocks fall again as banks drop and oil prices rise
March is looking a lot like January and February on Wall Street. That’s not good news for investors.
Wheat and corn markets react to war in world’s breadbasket
There’s a reason why Ukraine is called the breadbasket of the world. Russia’s invasion of Ukraine will more than likely have ripple effects across Europe and the rest of the world. One of the more immediate impacts of the conflict will be a reduction in the supply of wheat and corn.
How a wrinkle in the oil futures market has clogged America’s oil pump
The oil market right now is what the experts like to call ‘tight.’ They’re referring to the supply side of the supply-demand equation: the amount of oil being released onto the market is comparatively low, or tight. Demand for oil, on the other hand, is high, and as every reader of this newsletter knows, when supply struggles to meet demand, prices go up.