Risk level: Red RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Russia clinging to century-old ambitions. -Trump’s health likely has a two-day shelf life in oil-market news The obvious market factor this week is the health of US President Donald Trump. As is typical … More The Caucasus Map is Troubling
-Russia frets about the possibility of life at $25 per barrel -US troubles overshadow risk elsewhere. Crude oil prices were brushing off the irrational exuberance caused by dip-buying and an upward revision to market direction from the US Energy Information Administration. The bullish momentum in Wednesday trading was supported further by a massive draw … More The Daily Dose; Oil Back in Red on Weak Economic Data
-US economy is in stand-still mode -Hurricane Laura spares much of Texas, though don’t ignore its impact. A down day in the Asian markets spilled over into morning trading in the US to help drag the price of oil lower. Crude oil prices have barely moved mid-week as traders had already bet in the impact … More The Daily Dose; Economic Weakness Limiting Oil Gains
The GERM Report 