Edward Meir's week in review and thoughts for the week of Oct. 5, 2026
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
Under the agreement, the two companies will work to develop solutions for fragrance, makeup, and skincare packaging whose carbon footprint will approach 3.0 kilograms of CO₂ equivalent per kilogram of aluminium by 2030.
Despite the recent attacks in the Gulf, we were surprised to see Saudi shipments have increased substantially. In fact, Saudi oil flows are running at their highest levels since the war began.
What's playing into the economy this week
Construction spending indicators show softer architecture billings and private construction spending despite strength in several large project categories.
US construction indicators show large projects supporting planning and starts even as contractor backlog and broader commercial activity lose momentum.
US diesel prices hit a record $6 per gallon last week. That will have a forceful impact on American pocketbooks, just like higher gasoline prices are having.
We had another choppy week in the various markets leading to the Labor Day holidays.
Reviving primary aluminum production in the US will need to go hand in hand with revamping domestic energy policy
Kibar Americas expects data center cooling growth to add fin stock demand while US foil supply remains reliant on imports.