This is supposed to be Blackie’s job, but what the heck.
Just so that this doesn’t get lost in the political news, in a flash look at this morning’s current news….
o Crude is trading around $108/barrel – down over $7/bbl just this morning.
o The dollar is up sharply – now at $0.69, $1.07, and $0.56 against (respectively) the Euro, the Canadian “dollar,” and the British pound (it was at $0.63, $1.00, and $0.50 just a few weeks ago).
o Gold is back below $800 an ounce.
That’s the problem with the darned drought – it keeps on raining….