Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT Market mistakes in the coronavirus response are inevitable. OECD says things haven’t been this bad since the middle aughts. Crude oil prices were recovering in early Monday trading on expectations that OPEC+ would … More The Geopolitical Energy and Risk Monitoring Report
-Recession, recession, recession. -In times of panic, those in charge are prone to mistakes. Markets are in a state of panic, with recession the buzzword of the trading day. The price for Brent crude oil briefly collapsed below $50 in overnight trading, though a Saudi proposal for deeper production cuts offered some respite. The deeper … More The Daily Dose
-The sky is falling. The sky is falling. -Wood Mac: A $10 hit to Brent means a $40 billion hit to quarterly cash flow. A sense of gloom has clearly set in for oil markets, with Brent falling some 8% over the first three trading days of the week. If the trend continues, it could … More The Daily Dose
The GERM Report 