Freedom

Freedom Financial Archive | Originally posted May 25, 2023 Natural gas drilling remains under pressure Dry gas producers slowing operations Broad NGL “frac spread” well above average. Dear Reader, Completion activity took another leg down today by ten, driven by the Permian, Appalachia, and Eagle Ford. We see another move lower, albeit a smaller one, […]

Freedom Financial Archive | Originally posted May 24, 2023 Dear Reader, Today we’re going to talk about the consumer, credit standards, and what it means for the economy. Big Picture: Credit standards are continuing to deteriorate. Unfortunately, we’re not seeing things get much better, in fact, they’re getting worse. U.S. retail sales increased .5% over

Freedom Financial Archive | Originally posted May 22, 2023 Chinese imports have slowed down Consumer spending has NOT normalized Another stimulus is NOT coming Chinese imports have started to slow down from a seasonal record, and it’s likely a lot of their big purchases have wrapped up for the season. When we look at seasonal

Freedom Financial Archive | Originally posted May 18, 2023 Farmers are set to abandoned their wheat crops at the highest rate since 1917 Why pasta prices are surging Drought issues have actually gotten worse. Keep reading to see what it means for food prices and crops heading into summer… URGENT: A $500 Trillion Time Bomb

Freedom Financial  Archive | Originally posted May 12, 2023 What does it mean for borrowing, lending and spending? Prepare for another rate hike in June Global economic data remains mixed with some warning signs Dear Reader, The chart below shows an example of the tightness we are seeing in the market regarding credit standards. The

Freedom Financial Archive | Originally posted May 11, 2023 Who’s impacted? And what jobs are booming? Companies are starting to tighten their belts in management and senior-level positions Crude oil bounced after hitting their low Dear Reader, After months of historic post-pandemic growth, we’re starting to see layoffs as the job market begins to slow.

Freedom Financial  Archive| Originally posted May 11, 2023 Dear Reader, The global food situation is teetering on the edge of disaster as yields weaken, weather patterns shift, and geopolitical tensions escalate. There are many ways to look at stress points for how a crop’s yield will be, and it shouldn’t be surprising that many of

Freedom Financial Archive | Originally posted May 10, 2023 Why is the demand for diesel declining? U.S. imports have reached a four year low OPEC production likely to drop 60,000 barrels a day Dear Reader, The U.S. is seeing a sizable drop across the truck tonnage index, which supports all of the underlying data we

Freedom Financial Archive | Originally posted May 05, 2023 The crude markets remain volatile, but there is opportunity… Crack spreads have hit a downward spiral Floating storage remains elevated, even with price cuts Dear Reader, The crude markets remain very volatile, but they provide us with a ton of opportunities to play energy from the

Freedom Financial Archive | Originally posted May 04, 2023 Dear Reader, Today we’re going to look at the issues with Valero. Specifically, some of the problems they’re going to have when you start looking at coastal oil flows. Big Picture: Valero is a very large oil refiner that has assets all around the country, with