Podcast Episodes

Commodity Compass - 6/5 - Friday's Economic Data Punishes Investors and Commodities

Friday's May employment report landed above expectations across the board — stronger job creation, a tight unemployment rate, and wage growth that gi…

7 hours ago

Commodity Compass - 5/29 - A Memorandum of Misunderstanding Defines Energy Markets

This week's defining event arrived not from the strait but from the negotiating table. Reports of a U.S.-Iran memorandum of understanding on a framew…

1 week ago

Commodity Compass - 5/22 - EIA Proclaims July as Oil's Red Zone

Three supertankers carrying an estimated six million barrels of crude transited the Strait of Hormuz this week — cargos bound for Japan and China, th…

2 weeks ago

Commodity Compass - 5/16 - The Move in Bond Yields Brought Volatility to Commodities

Last week on this show, we talked about the divergence — equities at all-time highs while commercial traffic through the Strait of Hormuz had gone to…

2 weeks, 6 days ago

Commodity Compass - 5/9 - Equity Markets Brush Off Rising Commodity Supply Risks

The Hormuz crisis entered new territory this week. AIS vessel-tracking data from MarineTraffic confirmed what many had feared was approaching: commer…

3 weeks, 6 days ago

Commodity Compass - 5/1 - Grains Head Higher on Fertilizer Squeeze; UAE Leave OPEC+

This week, one of the most significant institutional developments of the Hormuz crisis arrived not with a missile strike or a diplomatic announcement…

1 month ago

Commodity Compass - 4/24 - Brent Heads Above $100 Once Again; Concerns in Wheat Country

The Strait of Hormuz stalemate is now entering its ninth week, and the numbers are becoming staggering. Thirteen million barrels per day remain shut …

1 month, 1 week ago

Commodity Compass - 4/18 - The Week that Was Not

If last week was the ceasefire that wasn’t, this week was the reopening that wasn’t. The U.S. Navy opened the week by announcing a blockade of Irania…

1 month, 2 weeks ago

Commodity Compass - 4/10 - Commodity Trades the Week in Two Acts

This week’s commodity story came in two acts.

Act one: Wednesday, April 8th. President Trump announced a two-week ceasefire between the United States …

1 month, 3 weeks ago

Commodity Compass - 4/3 - Historic Inversion with Brent and WTI

This was the week the Iran war moved from a supply shock to something closer to an existential market event. Four things happened, and every one of t…

2 months ago