Only recently have investors’ focus shifted from $120/BBL. (barrel of oil) to the soaring price of natural gas. Given the many uses of natural gas, from heating and cooling and generating electricity to the production of plastics and petrochemicals, the direction of prices could be critical to our economic well-being. On Wednesday, June 8, 2022, natural gas prices fell over 10% after a fire at a Texas liquified natural gas (LNG) export terminal shut down the Freeport LNG facility for at least three weeks. The terminal accounts for 16% of U.S. export capacity. Gas prices fell, because for a brief…
Insights & Advice
Tag: commodity prices
US economy today: is this a recession or just a growth scare?
On May 19, 2022, I attended an invitation-only webinar. It was hosted by FSInsight and presented by DeMARK Analytics. Fundamental portfolio managers check their work through FSInsight. Technical analysts check their expectations through DeMARK Analytics. Early in 2022, FSInsight nudged me to rotate some of my growth positions to value when they predicted that the first half of the year would be “treacherous” for stocks. DeMARK did their followers a solid by calling the bottom of the COVID-19 crash not just to the day but to the hour. Given the pedigree of these research services, it is worthwhile to share their findings with…