Tom Essaye Quoted in Barron’s on July 22nd, 2022
You’ve seen a relief rally, the Fed maybe being slightly less hawkish than you think is…said Tom Essaye, founder of Sevens Report Research.
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You’ve seen a relief rally, the Fed maybe being slightly less hawkish than you think is…said Tom Essaye, founder of Sevens Report Research.
Sevens Report Research said gasoline supplied, a measure of implied demand, only bounced by 459K bbl/day to 8.52M bbl/day last week.
Additionally, gasoline supplied, a measure of implied demand, only bounced by 459,000 b/d (barrels…wrote analysts at Sevens Report Research
Traders refocus on the major influences on the oil market right now…Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.
The nation’s refineries simply don’t have the ability to absorb those new barrels…said Tyler Richey, co-editor at Sevens Report Research.
This would likely spark a move higher in stocks, allowing the relief rally to continue, since waning inflation pressures…Tom Essaye said.
The widening spread between the 2-year and the 10-year is signaling a very clear recession warning…wrote Tom Essaye of The Sevens Report.
Rising recession concerns in the EU…continue to drive the dollar relentlessly higher…wrote Tom Essaye, founder of Sevens Report Research.
The nation’s refineries simply don’t have the ability to absorb those new barrels…said Tyler Richey, co-editor at Sevens Report Research.
The key for tomorrow’s jobs report is that it furthers the idea that we’ve hit ‘peak…says Tom Essaye, editor of the Sevens Report.
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