-Central banks may run out of tools -OPEC+ in desperate need of a Goldilocks policy It was déjà vu all over again in early Wednesday trading, with Brent rallying on the back of stimulus in the form of Saudi support for deeper production cuts to stem the glut left by demand destruction. The coronavirus knows … More The Daily Dose
-Last week? The end of days. This week? -Trump says never saw anything quite like Monday’s rally Asian stocks and crude oil prices were in rally mode early Tuesday on expectations that world economic leaders would prop up a global market hammered by the demand destruction from the coronavirus. If last week was one contaminated … More The Daily Dose
-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
The GERM Report 