Risk level: Red RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -The pandemic is in the driver’s seat -‘No alternative’ but to lock down tight. A 10% rally for the price of oil last week on the back of vaccine hopes overshadowed the obvious … More Buckle up.
-The quarantine economy is a mismatched one. -US shale showing its resiliency. Remember Monday? Ahh, the good ol’ day. We started the week with crude oil prices rallying in stellar fashion on hopes of a vaccine for COVID-19. Since then, we’ve seen an exponential rise in new infections, particularly in the United States where partisan … More The Daily Dose; Ah … Remember Monday?
-Dallas Fed sees signs of a modest slowdown. -India’s economy entered a technical recession. Crude oil prices wavered between gains and losses for much of the session on Wednesday, but the bulls were losing grip amid a trove of negativity. India is showing an increase in fuel demand, but its economy is also in recession. … More The Daily Dose; Tailwinds from vaccine prospects subside
The GERM Report 