-Want the government to step in? Be careful what you wish for. -Bob McNally believes April will be “a particularly brutal month”. It seems as if most major oil producers will at the very least back some sort of rhetoric stating they’re all on the same page. There are few, if any, winners in the … More The Daily Dose
-What would Keynes do? -Trump intervention, Chinese buying spree, gives markets a push. Trump giveth and Trump taketh away. A presidential warning on the possible US death toll from COVID-19 spooked markets early Wednesday, though his let’s-make-a-deal comments on oil production sparked a major rally some 24 hours later. With large swathes of the US … More The Daily Dose
-COVID-19 claims its first corporate casualty -US could lease space in strategic reserve. A dour warning from US officials about the sweeping impact of the coronavirus put broader markets in a tailspin on Wednesday. The US president has finally come to terms, it seems, with the severity of the situation, while the nation’s top health … More The Daily Dose
The GERM Report 