Thanks to Trichet's rate hike comments yesterday, crude oil price has surged over $15 in two days($5 yesterday, $10 today, both record breaking for one-day rise). This is crazy.
(click to enlarge; source: WSJ market data group)
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2008
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June
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- Inflation and stock market
- Stephen Roach: New stagflation made in Asia
- Alan Blinder on "Bubble and Central Banks"
- Market is betting on rate hike soon
- Why airfare becomes so expensive?
- Lehman: Independent for How Long?
- Oil, shipping and outsourcing
- Stories aobut Phillips Curve
- A closer look at China's inflation number
- China's monetary policy still not tight
- Richard Berner interview
- Disproportional impact of oil
- Perfect recession indicator
- What if Trichet truly admires Volcker?
- Time to declare: Oil Shock 2008
- Crude oil going crazy
- May Unemployment rate jumped to 5.5%
- Einhorn on Lehman Brothers
- Commodity-Price Scapegoats
- Bernanke at Harvard: Not the 70s
- Oil and sushi
- Realities and elusions
- Soros give four reasons for high oil
- Zhou says hot money into China exaggerated
- Bernanke links falling dollar to rising inflation ...
- Good thing about high oil price
- Robert Barro interview
- Currency-led commodities bubble
- Yellen speech on economy and inflation
- Rent or buy? you calculate yourself
- Hot money pouring into China
- Another Feldstein interview
- Inflation expectations highest since 1982
- Don't be fooled by GDP revision in short term
- China's foreign exchange reserves reach $1.76 tril...
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June
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