COVID-19   Europe’s Case Count Worsened dramatically through October, well surpassing the US (at least in the near term) with outbreaks particularly in the UK, France, Spain and Italy. The graph below from the EU’s CDC website was not the easiest to read but the colors tell the story (Americas…

OPEC+ Maintained Production Cuts but Saudi Arabia and Russia have put further cuts in 2021 on the table at the next meeting on November 30th/ December 1st. Why?  Supply and demand.  Supply up by at least +800,000 barrels per day (bpd) as Libya went from 250,000 bpd at the end…

During the month of October, the top 3 performing sectors were: grains (4.76%), energies (2.93%), and currencies (0.15%). The bottom 3 sectors were: livestock (-4.85%), indices (-3.34%) and softs (-2.74%). COVID-19 cases surged around the world as cases topped 46.6 million. US daily COVID-19 cases increased to 81,000 per day,…

COVID-19   Europe Made Headlines with an acceleration in their case count during September to levels that matched or exceeded the case level in the US (45,000 or more per day on average) and at roughly the same amount of deaths (800 or so per day on average). Total 2020…