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Josef Schachter
As a 40 year veteran of the Canadian Investment Management Industry, Josef Schachter has experienced several exceptional and turbulent global economic and stock market cycles. With his primary focus on the Energy Sector, Josef is able to weave global political, economic and monetary issues with current energy data into a compelling story of what's going on in the sector, what is to come, and why.
February 12th, 2025 | US Total Consumption Falls While Commercial Crude Stocks Rise
Schachter's Eye On Energy - President Trump and Prime Minister Netanyahu have given Hamas until noon on Saturday to release all remaining hostages (alive and the bodies of the dead) as Hamas has not met the phase one conditions. If the release does not happen then Trump’s ‘All hell is going to break out’ could escalate the fighting in the […]
Schachter's Eye On Energy - President Trump used his Tariff threats against Mexico and Canada to get support in the battle to keep fentanyl and illegal immigrants outside of the US. Mexico’s team found the right solution of adding 10,000 National Guard soldiers to lock down the border and plan aggressive moves against the cartels. They also accepted Trump’s remain […]
January 29th, 2025 | President Trump’s Tariff Agenda Weighs Heavily On Canadian Energy Sector
Schachter's Eye On Energy - President Trump moved quickly to show he meant business with his Tariff’s. Colombia’s leftist President would not let US planes land in his country with deported criminals that were his citizens. President Trump threatened 25% tariffs immediately and 50% a week later. This would have severely hurt the Colombian economy which exports crude oil and […]
January 23rd, 2025 | The US Definitely Needs Canadian Oil and Gas
HoweStreet.com Radio - Canadian inflation under better control than in the US
January 22nd, 2025 | WTI Falls >US$3/b Over The Last Week As Markets Await Trump Tariff Decisions
Schachter's Eye On Energy - Outgoing President Biden made some last minute questionable pardon decisions that caused a distaste as he exited the stage. Were these individuals (family, J6 committee members and staff or Dr. Fauci, etc.) really guilty or was it to save them from Congressional testimony. Putting the past behind would be the best for America as it […]
Schachter's Eye On Energy - The Biden administration leaves next week but continues its scorched earth plan to make Trump’s taking over power difficult. The White House continues to spend whatever funds authorized by Congress and that the President can spend under Presidential authority before Inauguration Day. The result may be that the incoming administration comes in with a run […]
January 8th, 2025 | US Crude Oil Inventory Build Lowers WTI Price – Correction Underway
Schachter's Eye On Energy - The Biden administration is leaving in two weeks and the White House continues to spend whatever funds authorized by Congress and that the President can spend under Presidential authority before Inauguration Day. The result may be that the incoming administration comes in with a run rate of a US$3T+ deficit and all Biden’s favourite programs […]
Schachter's Eye On Energy - The Biden administration is leaving in three weeks and they continue to spend all the funds authorized by Congress and that the President can spend under Presidential authority. The result may be that the incoming administration comes in with a run rate of a US$3T+ deficit and all Biden’s favourite programs (climate, more government hiring […]
December 26th, 2024 | Next Decline In Crude Prices Should Trigger A New Long Term BUY Signal For The Sector.
Schachter's Eye On Energy - The official US President Joe Biden is not being seen and his vacuum is being filled by President elect Trump and his entourage led by Elon Musk (seen by Democrats as either the President or Trump’s Prime Minister). Biden lieutenants are looking for new ways to degrade or demean Trump before he takes office. However […]
Schachter's Eye On Energy - Canada’s political circus and slowing economy has dragged the C$ to below US$0.70 (now US$0.6980). It would not surprise me to see it fall to the low of US$0.68 seen in early 2020 or the same level seen in early 2016. Our worst low from the data going back to 1980 was US$0.6186 in early […]
November 28th, 2024 | Crude Oil Retreats US$2/b On Israel/Hezbollah Ceasefire.
Schachter's Eye On Energy - President elect Trump is moving quickly on his tariff plan with a threat on social media to tax Canada and Mexico 25% and add 10% to China tariffs. His argument is that he needs support on keeping drugs out of the US and to stop the migrant invasion. If his need was economic he would […]
November 21st, 2024 | Crude Oil War Premium Expands As Ukraine Fires Longer Range US Missiles Into Russia
Schachter's Eye On Energy - President elect Trump is moving quickly to nominate his cabinet full of loyalists that want to reign in the size and power of the perceived swamp in Washington. Many of his nominees are being readily accepted but one for Attorney General is getting widespread condemnation. He has nominated strong people for State, Defence, HHS, Interior […]
Schachter's Eye On Energy - The Fed meeting ended today and the expected 25 BP cut was announced. I would keep an eye on the 10-year US Treasury now at 4.43%. It was down to 3.60% in mid-September. The high for 2024 has been 4.74% in April. If we exceed 4.74% then the Fed may be boxed in from further […]
Schachter's Eye On Energy - With less than two weeks left until the US elections the US stock market is gyrating and looks heavy to me. It is fighting the uncertainty of two different visions for America going forward and US interest rates have been climbing on the fears of inflation reigniting and debt crowding (too much borrowing for the […]
Schachter's Eye On Energy - Military tensions are picking up around the world and any miscalculation could expand the war fronts. It is not just the Middle East and Ukraine. China and North Korea are flexing their military muscles and worrying their neighbors. US pressure on Israel has succeeded in getting the IDF to agree not to attack Iran’s nuclear […]
October 9th, 2024 | Crude War Premium Shrinks As Investors Focus On Weak China Demand Data
Schachter's Eye On Energy - Turbulent markets in China headline each day the challenges China is having to get its economy back on track for sustainable growth. It needs to write-off debt challenged fixed assets, move from an export economy to a consumer economy and stabilize government owned businesses. In addition, its focus and financial support of EV’s and battery […]
Schachter's Eye On Energy - The first major issue to be concerned about is the Middle East: Israel’s multi-phased removal of the top military and leadership of the terrorist group Hezbollah has moved the northern Israeli war front to a more deadly phase. Starting with the killing of longtime Hezbollah leader, Nassan Nasrallah (believed to be a direct descendant of […]
September 26th, 2024 | WTI Crude Down Over US$1/b On Concerns About China Demand
Schachter's Eye On Energy - Weak US and China economic data continue to be the focus of investors. Central Banks in each country have lowered interest rates and in China’s case lowered banks reserve requirements so they can lend more and support companies in need of credit to keep from failing. The urgency of both Central Banks to stimulate their […]
Schachter's Eye On Energy - Fed day and then the Chairman’s press conference saw the announcement of an aggressive 50 BP decline in the Fed Funds rate to a range of 4.75 – 5.00%. This cut was hoped for by the markets so investors rejoiced and lifted the Dow by 125 points. We wonder if the Fed is seeing some […]
September 11th, 2024 | WTI Crude Oil BUY Signal Triggered. We Sent Out New Energy Stock BUY Ideas Yesterday
Schachter's Eye On Energy - Today is remembrance day for 9/11, a clear day of infamy in US history. US political leaders (Democratic and Republican) will attend memorials at the three sites that were attacked. Good news there for bipartisan action on behalf of the nation. Last night’s mudslinging Presidential debate was not a heartwarming showing for either candidate, but […]
Schachter's Eye On Energy - Weakening demand in China and the US for energy products accompanied by a shrinking of the Israel/Hamas/Hezbollah/Iran war premium has driven WTI down to as low as US$69.15/b today (last US$69.40/b). This is US$5/b below last week’s level and is nearing our bottom target of US$66-69/b. Once this occurs it would be the first of […]
September 5th, 2024 | Canada Close to Enjoying Some LNG Wealth
HoweStreet.com Radio - Some great bargains coming up in the energy sector
Schachter's Eye On Energy - The war premium for crude oil has shrunk over US$5/b (from US$80.16/b in early August to US$74.80/b at our last look today) as only Iran’s proxies have attacked Israel and the US/Qatar/Egypt continue to discuss with Hamas a ceasefire and release of the remaining hostages (both dead and alive). President Biden and his surrogates continue […]
Schachter's Eye On Energy - A last ditch political effort led by the Biden Administration to get an interim ceasefire deal between Hamas and Israel will take place tomorrow and Friday in both Dhoha and in Cairo. Israel and Hamas are not talking directly but the diplomats are scurrying between rooms to get an agreement that stops the fighting and […]
August 8th, 2024 | Be Prepared for Another Stock Market Shock
HoweStreet.com Radio - Lack of consumer demand keeping crude prices down