ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
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.
Schachter's Eye On Energy - Summary: Ukraine Special Forces made surprising and successful attacks with new methodologies to attack critical Russian military equipment. Ukraine knocked out 41 long range strategic nuclear capable attack planes at five air bases including one in Siberia. It appears that Ukraine had help from NATO military intelligence services as the Trump administration does not want […]
May 28th, 2025 | WTI Likely To Breach US$60/b In The Coming Days
Schachter's Eye On Energy - Rising interest rates around the world are again causing problems for financial institutions. In Japan the increase in rates to record highs has pushed insurance companies and banks to take massive mark to market losses and stock prices have been hit hard. In the US rates have stayed near yearly highs with the 10-year US […]
Schachter's Eye On Energy - US stocks are weaker today as US yields rise and contain stock prices. The 10-Year US Treasury yield is now at 4.54% (high for 2025 4.57%). The 30-year US Treasury is at 5.02% (high for 2025 5.04%). If these rates are exceeded and foreign buyers of the large funding needed to cover the rising US […]
Schachter's Eye On Energy - Summary: US stocks and crude oil prices have lifted on the pause in the tariff war with the US and China lowering tariffs against each other to reasonable levels and starting negotiations for long term fixes. WTI has lifted from US$56/b to US$64/b as fear of global recession seceded. Tariffs have been lowered to 30% […]
Schachter's Eye On Energy - Trump Tariffs are getting the most attention for deals (White House optimism) with 15 countries before the end of the 90 day window and no deals have yet come to fruition. Japan and Korea were expected to be first but changes in the political leadership in each country is delaying any deals. This would be painful […]
Schachter's Eye On Energy - The Canadian Federal election resulted in a minority Liberal government that will need legislative support from the Bloc. Its leader has said he would support the new government for a year if the Liberals spend $2B more in Quebec. Is this for housing, the high speed train between Montreal and Quebec City or more generous […]
Schachter's Eye On Energy - US stocks are now rebounding from the nasty fall from 45,100 in The Dow Jones Industrials Index (in late January 2025) to 36,600 (in early April 2025) as tariff news is less alarming. As more US companies visit the White House and talk of the damage the announced tariff rates would hurt their businesses and […]
Schachter's Eye On Energy - Products in stock are being bought aggressively by global consumers as they buy what they think will cost much more in the coming months once tariffs hit. Auto lots for new and used cars, electronic products and imported goods are seeing the strongest interest. Tariff negotiations between the US and over 75 countries are progressing […]
Schachter's Eye On Energy - I will be on this week’s MoneyTalks show with host and friend Victor Adair (Michael is on holiday) The roller coaster markets and specifically the energy sector will be the topics. This should be an interesting conversation that you may want to listen to. Go to MoneyTalks.com. The tariff war is now on (China now […]
Schachter's Eye On Energy - While the US federal government cuts its employee count sharply in recent weeks the private sector is adding jobs at a fast pace. Today the ADP report showed private sector jobs rose 155,000 in March above the 120,000 forecast. Professional and business services added 57,000 workers, Financial services 38,000 (tax season ramp up), manufacturing 21,000 […]
March 26th, 2025 | US 25% Tariff On Venezuelan Oil Lifts WTI To US$70/b.
Schachter's Eye On Energy - President Trump is on the warpath against Venezuela and Iran. Regarding Venezuela he introduced a 25% tariff on any country buying its oil and on that country’s goods sold in the US, if they buy crude from the country after April 2nd. For China with a current tariff of 20% this goes up to 45% if not […]
Schachter's Eye On Energy - A partial ceasefire in Ukraine where both Russia and Ukraine committed to stop attacking each other’s energy infrastructure for 30 days is the best that the US could get from the current negotiations to a long term de-escalation and towards a peace agreement. One additional move was a deal to exchange prisoners. Now 175 prisoners […]
March 13th, 2025 | WTI Prices Lift As US Consumption Rises 5.1% Last Week.
Schachter's Eye On Energy - President Trump freaked out stock markets with his on-off switch of new tariffs and threats against the US’s key trading partners. Canada is getting the brunt of these social media attacks. Trump threatens, then trade negotiators from both sides get to work on the details and persuade Trump to relent and there are reverses in […]
March 5th, 2025 | Significant Decline in Crude Oil has Triggered a New Buy Signal
Schachter's Eye On Energy - President Trump teased the markets last week with misdirection of when he planned to put on his tariffs. He mentioned early April to add stiff tariffs to China, Mexico and Canada and then the next day changed again. We hit all three on Monday March 3rd with various high tariffs. This shocked the stock markets […]
February 26th, 2025 | WTI Breaches US$69/b. A New Energy Sector BUY Signal Should Occur in March
Schachter's Eye On Energy - In early April we will see if President Trump is going to add stiff tariffs to Mexico and Canada and others around the world. It appears that he is using the hammer against his closest neighbours and then taking the plan against Europe and the rest of the world with trade surpluses with the US. […]
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 […]