-Brent needs a keep-calm moment -Stein’s Law dictates that demand will return Crude oil prices were on pace for another round of pain on Wednesday as panic over the spread of the coronavirus overshadowed just about any other narrative relevant to traders. Though fourth quarter indicators already suggested some weakness, the restrictions in place to … More The Daily Dose
-IEA may revise demand even lower -Home Depot posts a strong 2019 The price for Brent crude oil dropped in dramatic fashion on Monday on fears the coronavirus could spread quickly beyond China and into the European economy. Markets were softer in early Tuesday trading, with some support coming from a positive earnings report from … More The Daily Dose
Risk level: Orange RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Fear is spreading faster than the coronavirus. -IMF issues urgent please for cooperation. Saudi Arabia closed the curtain on the latest meeting of ministers from the G20 under a cloud of fear. During … More Wanted: Global leader with experience
The GERM Report 