Market Commentary Blog Posts

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
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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
December 18, 2015 by Matt McCracken
On January 13th of this year, I wrote a post called Great Day to Buy Oil? It wasn't the lowest close in oil in Q1 but darn close to it. And it turned out to be a great day to "trade" oil on the long side as it shot up over 31% in the next five...Read more
July 6, 2015 by Matt McCracken
Headline from Yahoo!Finance this morning: The Latest: Tsipras calls Putin in wake of referendum result Over the last few weeks, the courtship between Russia and Greece has heated up. While Greece's failure to pay their debts may not impact the US...Read more
May 29, 2015 by Matt McCracken
This morning, Yahoo!Finance reports that Bloomberg reported that almost $1B has been withdrawn from USO, the biggest U.S. exchange-traded fund that tracks the price of oil, over the past couple of months . The article makes two points that are both...Read more