The world appears to be running on microchips. There is currently a microchip shortage that is affecting the manufacturing of many types of products. The simplest chips can be found in your coffee maker. The more complex chips perform functions such as the power windows in your car. They are also instrumental in the mass […]
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Unless you have been living under a rock, it is no secret crude oil has been on a tumultuous ride. Crude has long been a commodity that follows up and down trends on traditional cycles. The seven-year boom followed by a year of bust broke cycle in 2015 and saw the oil and gas sector […]
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As more and more Americans are getting vaccinated and things start to get back to normal, the recovery of supply chain will be a long and daunting process with many expecting it to last into 2022 in some industries.
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While overseas travel continues to be impeded by COVID-19 fears and travel concerns/regulations, domestic airway travel is seeing it’s largest surge since the depths of the pandemic. Travel enthusiasts are taking to the sky after more than a year of lockdowns and airliner travel is now only 30% lower than the same time in 2019. […]
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The narrative of the pre pandemic day’s is still the same regarding the trucking industry and being short on drivers. Many businesses and consumers are affected by the shortage making delayed deliveries the norm for many Americans. With an estimated 61,000 drivers short at the end of 2019, it goes without saying that COVID-19 in […]
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Over the past year, China has ramped up its energy production and committed to becoming a net-zero emission economy by 2060. While China has led all nations with renewable energy production, at the same time has increased coal production and offset the retirements in coal capacity from the rest of the world. The increase in […]
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Facebook announced it will convert part of its Menlo Park, California headquarters into a vaccination clinic for under-served communities.
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Crude has been the underdog since Covid-19 broke onto the scene in early March of 2020. We have seen historic contango, negative trading, inventories at the verge of 100% capacity. However, we have also seen refineries curtailing production and shutting down, crude breaking technical level after level, OPEC + committing to decreased outputs, a Texas […]
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After a year of uncertainty and instability in the market created by COVID-19 and a global shutdown, we are starting to see signs of a return to normalcy. Over the past 8 weeks there has been a gradual decline in COVID-19 cases nationally. According to Bloomberg business, “retail gasoline sales rose last week to just […]
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As new variants of COVID-19 emerge, the Johnson & Johnson vaccine has been given the green light by the U.S. FDA for emergency use. This will be the first single shot vaccine released to fight COVID-19. As early as Tuesday morning, 3.9 million doses of the Johnson & Johnson vaccine will be distributed to states, […]
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