-Trump no longer hates OPEC. -Any OPEC cuts would come from already extraordinary heights. Some 6.6 million Americans lost their jobs last week, though equities markets are showing a return to optimism amid early signs of a slow pandemic recovery. In the American oil sector, however, the pain is severe and enduring, with investments receding … More The Daily Dose
Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT Kemp: Things may be full in a couple months Trump shot the hare. US crude oil prices at one point in pre-market trading dipped below $20 per barrel and the casual asides last … More The Masterstroke of the Strong
-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
The GERM Report 