Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -China is well short of its US energy purchase commitments -US policy makers look to history, wrongly, for support In June, US congressional leaders pleaded with Robert Lighthizer, the top trade advisor in … More When History Lessons Go Wrong
-More voices join the chorus singing a tune of unlikely recovery -Norway’s Equinor sees continued demand weakness The price for Brent crude oil was slipping away from gains in Asian trading early Friday after a weaker dollar supported the global benchmark overnight. Data, meanwhile, continue to show the market is clearly oversupplied and demand signals … More The Daily Dose; The Irony That Is the United States
-US jobless claims worse than expected -Barclays, American Airlines see trouble ahead. Warnings from investment bank Barclays and a grim outlook from American Airlines helped drag crude oil prices lower in early Thursday trading. The price for Brent finished the previous session more or less flat despite a sizeable build in US commercial crude oil … More The Daily Dose; We May Be Due for a Correction
The GERM Report 