Stock prices are falling faster and harder than they ever have before.  If the financial markets are in this much chaos even though not a single American has died from the coronavirus yet, what are things going to look like if this outbreak starts sweeping across America like wildfire?  The number of confirmed cases continues… Read More

The Virus Crisis Is Underestimated Marc G. Wathelet, a duel American/Belgian citizen  spent 25 years as a scientist in the US, including a dozen years leading a group studying human coronaviruses including the one responsible for the SARS outbreak in 2003. He is very concerned that public authorities have not grasped the extent of the… Read More

The WTI futures curve is supposed to be in backwardation, though the word “supposed” is a loaded term. Backwardation is more of an ideal condition than one you might find most often in practice. There’s almost as much contango as backwardation in the futures market’s history. It’s not so easy to balance all the complexities… Read More