-We clearly have a demand problem going forward. -Market shrugs off landfall of Hurricane Zeta. It was a bloodbath for crude that not even missile threats for Saudi Arabia could upend. And traders all-but ignored landfall from Hurricane Zeta. Instead, it was a build on commercial crude oil inventories in the United States and tightened … More The Daily Dose; Saudi missile threat? What Saudi missile threat?
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Trump saves the day -Don’t bet on a Beijing Consensus It was a busy weekend. US President Donald Trump signed executive orders aimed at extending financial support for the estimated 20 million people … More The Parallels Between Economics and State Power
-A rolling recovery will separate the winners from the losers -Saxo Bank: Oil prices are at a point where cheating becomes attractive to producers Crude oil prices were in rally mode early Thursday on continued signals that some parts of the global economy are opening back up. China announced further stimulus efforts that it said … More The Daily Dose