Market Monday

Market Monday #5: Rising Rates

Prices and demand remain on the rise for now, but rates are rising and risks with them.

Quote of the Day

Screen Shot 2018-05-20 at 10.54.03 PM

Chart of the Day

The number of oil rigs in operation tends to follow the price of oil, as the laws of supply and demand would have you expect. You can see that pattern on this chart. However, it does not follow them perfectly, especially when you look at different geographical areas. For example, the US horizontal rig count has been flat recently despite rising oil prices.

OilMay182018(Source: Calculated Risk)

Read

Hotels: Occupancy Rate increases Year-over-Year, On Pace for Record Year
Bill McBride, Calculated Risk, 05.17.2018

Moving to a Place Instead of a Job
Justin Fox, Bloomberg, 05.18.2018

Our brains rapidly and automatically process opinions we agree with as if they are facts
Christian Jarrett, Big Think, 05.18.2018

Why Successful People Choose Self-Compassion Over Self-Esteem
Melody Wilding, Better Humans, 05.15.2018

People who live in small towns and rural areas are happier than everyone else
Christopher Ingraham, The Washington Post Wonkblog, 05.17.2018

Watch

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