from Morning Bid with David Gaffen:

Trouble in the Oil Patch

February 4, 2016

A slew of weak reports from Shell RDSa.L, Occidental OXY.N and ConocoPhillips COP.N have set the tone for what will probably be another session punctuated by lackluster buying interest in stocks and a predilection toward pushing fixed income yields lower even ahead of what is supposed to be a solid jobs report on Friday.

from Morning Bid with David Gaffen:

The Rundown

January 21, 2016

Could we, good heavens, be in for a boring day?

Futures have barely budged, oil is relatively steady, Europe is higher, and, well, Asia is lower so you can't have everything. But after Wednesday's big selloff that turned into a late-day rally that left the markets down just 1 percent, there's a sense of a bit more optimism. (That's been extended late in the futures session after comments from ECB head Mario Draghi, but he's disappointed plenty before.)

from Morning Bid with David Gaffen:

Is this capitulation?

January 20, 2016

Futures are down 35 points, the 10-year note has dropped through 2 percent, oil is down another 3 percent, and markets overseas were crushed overnight to the tune of 3 percent losses, and it wasn't even on a China related drop-off, but more bad sentiment related to the overall market outlook.

from Breakingviews:

Puerto Rico exposes dearth of bond vigilantes

January 7, 2016

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Morning Bid with David Gaffen:

Another Uncertain Morning

January 5, 2016

After Asian markets stabilized in the global selloff, futures are on the back foot again as European shares weaken and investors once again get caught on the concerns about weakening economic figures around the world. The ISM figure, which came in poor on Monday, has also fanned fears – again – of a possible recession developing, one that would come at an inopportune time for the Fed, which has only recently started raising interest rates.

from Hugo Dixon:

EU enters brave new world of bank bail-ins

By Hugo Dixon
January 4, 2016

The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own.

from Morning Bid with David Gaffen:

Top Markets Stories of 2015

December 22, 2015

It’s been an interesting year, and the volatility we saw strikes some as a harbinger, with more divergence in monetary policy and the long-anticipated beginning of a Fed tightening cycle careening into the collapse of oil, setting up for an eventful 2016. For now, though, here’s a look at the top 10 stories in the markets over the past year:

from Morning Bid with David Gaffen:

What to expect when the Fed is expecting

December 15, 2015

Barring an alien landing (and even then, they would have to be very dovishly positioned aliens), the Federal Reserve will raise interest rates on Wednesday for the first time in more than nine years.

from Breakingviews:

Treasury’s Puerto Rico superbond looks half baked

October 16, 2015

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

from Morning Bid with David Gaffen:

Netflix and Bill(s)

October 14, 2015

Nearly 10 full months into the year, the easy winner among S&P 500 companies in terms of share performance is Netflix, which has gained 132 percent, even as other major momentum names have been broad-sided by the weakness in stocks that generally benefit from positive price trends.