Covid-19: second day in a row that the number of vaccinations given in the daily report was over one million. Folks are getting religion.
Dollar: surging. Closed at 93.456. Link here.
GM: waits until after the market closes to announce full recall of its Chevy Bolt. GM drops 2.5% in after-hours.
Fast Money on CNBC: not one word about Afghanistan or the president's speech.
Again, "deflation," not "inflation," getting some attention.
Gasoline: last night, our neighborhood station -- generally runs a bit high -- was below $2.80 / gallon. Everything suggests the price of gasoline will be going down in price going into September.
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Canadian Producers -- Apparently They Did Not Get The Memo
- Canadian oil and gas operators plan to grow production, spending:
- Canadian companies are taking advantage of higher prices;
- while US operators are priortizing capital discipline.
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