Market Commentary Blog Posts

May 2, 2020 by Matt McCracken
This past month, the near-dated WTIC contract (CL) went negative, which I assume is a first for any commodity contract. The May CL contract didn't just go negative but it went very negative. Now, this is not suppose to happen but at the height of...Read more
Jim Rogers, famed investor
November 9, 2016 by Matt McCracken
Not many people, including myself, expected the upset last night. One guy did. And he seems to always get these things right some how. I have followed several elections in both the US and Europe and everytime he takes the opposite view of the polls...Read more
Cliinton and Pence Victory
November 9, 2016 by Matt McCracken
We all know Wall Street desperately wanted Hillary to be President and tried using scare tactics saying the market would plunge 10+% in the event of a Trump victory. And futures are down, but no where near the 10% they promised. The thinly veiled...Read more
October 25, 2016 by Matt McCracken
News today via CNBC that AB has made the first driverless truck delivery . I've read about this inevitable development for quite some time. I remember in school, an owner of a local trucking company spoke to our management class and the number one...Read more
Wells_Fargo_logo
October 12, 2016 by Matt McCracken
Two words: Glass-Steagall. I admit it, I am an unabashed Glass-Steagall apologist. I think it would go a long way to solving a great number of our nation's problems, especially the financial ones. Consider its success. During the enforcement of...Read more
July 20, 2016 by Matt McCracken
However, there will be no poor among you, since the LORD will surely bless you in the land which the LORD your God is giving you as an inheritance to possess, if only you listen obediently to the voice of the LORD your God, to observe carefully all...Read more
March 14, 2016 by Matt McCracken
It was just announced that several large banks will pay fines and plead guilty to marketing rigging in the currency and bond markets. Isn't rigging currency and bond markets not what the Federal Reserve and practically every oether central bank does...Read more