Texas Warns Energy Operators To Prepare For Cold Snap

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Texas Warns Energy Operators To Prepare For Cold Snap Oil and natural gas operators in west Texas, including the Permian Basin, have been warned by the state energy regulator to prepare equipment for a cold snap and snowfall on Tuesday.  The National Weather Service predicts cold weather and snow for parts of west Texas to […]

US PMIs Decline “Among The Steepest Since The Global Financial Crisis” In January

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US PMIs Decline “Among The Steepest Since The Global Financial Crisis” In January The preliminary US PMI data was slightly better than expected but remains in contraction: S&P Global US Manufacturing PMI (January Flash) 46.8 vs 46.0 exp vs 46.2 prior – 7th monthly print below 50 S&P Global US Services PMI (January Flash) 46.6 […]

“The Pain Has Just Begun” For Risk Assets Heading Into 2023

“the-pain-has-just-begun”-for-risk-assets-heading-into-2023

“The Pain Has Just Begun” For Risk Assets Heading Into 2023 Submitted by QTR’s Fringe Finance I’m extremely excited to bring you today a substantive and engaging look at the world of macro from one of my favorite commentators on markets, Harris Kupperman. Harris released his fund’s Q4 2022 letter over the weekend, and it […]

US Confronts China Over State-Owned Companies Supplying Russian Military

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US Confronts China Over State-Owned Companies Supplying Russian Military The United States is once again putting pressure on China over its alleged behind the scenes assistance to Russia as it executes the war in Ukraine. “The Biden administration has confronted China’s government with evidence that suggests some Chinese state-owned companies” may be providing assistance, Bloomberg […]

Russian Warship Armed With Hypersonic Missiles To Join China In South Africa-Hosted Drills

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Russian Warship Armed With Hypersonic Missiles To Join China In South Africa-Hosted Drills The Russian navy is set to participate alongside the Chinese and South African navies in exercises set for February off South Africa, Russia’s state TASS has announced.  Importantly, the Russian frigate named ‘Admiral of the Fleet of the Soviet Union Gorshkov’ is […]