Fossil Fuels Are Winning the Battle for Easy Money

Published on October 16, 2026

With Brent crude above $100 a barrel for most of the past month and diesel prices more than twice as high, you might imagine that the world’s poorest fossil fuel importers would be hitting crisis conditions right now.

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G17: G.17 Data for September 2026 are now available

October 16, 2026
Industrial production and capacity utilization data for September 2026 are now available.Industrial production (IP) increased 0.7 percent in September after edging up 0.1 percent in August. In the third quarter, IP increased at an annual rate of 2.8 percent. Manufacturing output rose 0.3 percent in September. The index for mining moved up 0.2 percent, and the index for utilities increased 3.5 perc

Equity Trading Gives Banks a Bright Spot This Earnings Season

October 16, 2026
Big bank earnings offered little to alter the dimming views on the sector mired in the longest losing streak since the financial crisis. The bright spot: equities trading.