-Norwegian strikes could end by the weekend -US tariffs are biting at home While Hurricane Delta has sidelined almost all of the oil production in the US waters of the Gulf of Mexico, crude oil prices were in retreat in early-trading Friday. A double-digit rally on the week and signs that a labor strike … More The Daily Dose; Rally eases on possible Norwegian breakthrough
Risk level: Red RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Russia clinging to century-old ambitions. -Trump’s health likely has a two-day shelf life in oil-market news The obvious market factor this week is the health of US President Donald Trump. As is typical … More The Caucasus Map is Troubling
-Market factors drive market factors -US unemployment figures a disappointment Crude oil prices, along with major equities, turned lower early in the Friday session on word the US president, his wife and a top aide tested positive for COVID-19. The knee-jerk reaction to the news this close to the election spared not even safe-haven … More The Daily Dose; Knee-jerk reactions mask baked-in negativity
The GERM Report 