The potential for OPEC restraint in crude oil production recently helped to lift prices for crude oil. For a barrel of West Texas Intermediate prices rose last week to $49.46, up roughly 50% from the December low of $32.37 per barrel. [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.
Publications by Tom Moeller
Global| Mar 24 2009Petroleum Prices Strengthen On Potential Tightening Of Crude Supplies
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 24 2009
Petroleum Prices Strengthen On Potential Tightening Of Crude Supplies
The potential for OPEC restraint in crude oil production recently helped to lift prices for crude oil. For a barrel of West Texas Intermediate prices rose last week to $49.46, up roughly 50% from the December low of $32.37 per barrel. [...]
by:Tom Moeller
|in:Economy in Brief
Sales may indeed respond to prices. That seemed the case according to the National Association of Realtors report on sales of existing homes. They rose 5.1% during February 4.72M and the increase reversed January's decline. Consensus [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2009
Chicago Fed Index Improved Marginally During February
The National Activity Index (CFNAI) for February from the Chicago Federal Reserve Bank rose slightly month-to-month but remained depressed. At -2.83 the figure contrasted with January's near-record low of 3.48. Since 1970 there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 23 2009
Chicago Fed Index Improved Marginally During February
The National Activity Index (CFNAI) for February from the Chicago Federal Reserve Bank rose slightly month-to-month but remained depressed. At -2.83 the figure contrasted with January's near-record low of 3.48. Since 1970 there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2009
U.S. 2008 Current Account Deficit Shrinks To Smallest Since 2004
Recession and lower oil prices worked to sharply shrink the U.S. current account deficit last year. In fact, the 2008 deficit of $673.3 billion was the smallest since 2004. That improvement came despite recessions abroad which limited [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 20 2009
U.S. 2008 Current Account Deficit Shrinks To Smallest Since 2004
Recession and lower oil prices worked to sharply shrink the U.S. current account deficit last year. In fact, the 2008 deficit of $673.3 billion was the smallest since 2004. That improvement came despite recessions abroad which limited [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2009
Philadelphia Fed Index Indicates Further Economic Contraction
The latest figures from the Philadelphia Federal Reserve Bank indicate that economic contraction continued. During March, the Index of General Business conditions in the manufacturing sector came in at -35.0 versus a reading of -41.3 [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2009
U.S. Leading Indicators Fall To Cycle Low
The Conference Board reported that the February composite index of leading economic indicators fell 0.4% to a new low for this cycle. The decline followed a 0.1% January increase that was downwardly revised. Six of the ten components [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2009
U.S. Continuing Claims for Unemployment Insurance Touch New Record; Initial Claims Dip
The latest figures from the Labor Department continue to indicate extreme weakness in the labor market. Continuing claims for unemployment insurance reached another record. At 5,473,000, the level of continuing claims in the latest [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 19 2009
U.S. Continuing Claims for Unemployment Insurance Touch New Record; Initial Claims Dip
It is the largest drop in e-Zone IP since records have been kept. Intermediate goods, capital goods and consumer goods output trends are being clobbered. Each sector is worsening sequentially. Each of the countries displayed: Germany, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 18 2009
FOMC Leaves Rates Unchanged At Historically Low Level; Fed's Balance Sheet Expanded
In an anticipated move the Federal Open Market Committee today left the Federal funds rate in a "range from 0 to 1/4 percent." The discount also was left unchanged at 0.50%. The Fed funds rate remained the lowest ever. Regarding [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 740 page