Crude oil prices down again today. The Midland differential to Cushing plunged as available storage falls. The top panel is the differential to Cushing while...

The top panel shows gold and silver prices individually and the lower panel the gold/silver ratio. Note the ratio shooting well above precious highs. Silver ...

High Yield spreads spikes but still below highs of the 2008/2009 period. How long will economy be shut down? Energy also a large portion of high yield market.

The Fed has resumed purchases after a period in which they allowed a gradual decline as a result of maturities. Whatever it's called, the Fed balance sheet h...