Money-Market Fund Assets Hit Record Highs, Banks See Large Deposit Outflows

Money-Market Fund Assets Hit Record Highs, Banks See Large Deposit Outflows

Money-market funds saw a second week of significant inflows (+$28.4 Billion) which together with the prior week’s $52.7 Billion, pushed total MM assets under management to a new record high of $6.216 Trillion. Large banks saw $73.5 Billion of deposit...
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Massive Downward Reductions In US Shale Oil Output

Massive Downward Reductions In US Shale Oil Output

EIA issued the March DPR: A massive downward reductions in US shale oil output.  In the March report, shale oil output from the key plays is reduced by 443,000 bpd for January and 250,000 bpd for February.  If we go...
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Baltic Index Crashes Most On Record

Baltic Index Crashes Most On Record

The Baltic Exchange’s dry bulk sea freight index crashed on Tuesday in the worst decline on record, sinking on prospects of a global recession. Baltic Dry Good Index is a measure of global shipping and economic health. The overall index,...
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