-There’s more to it than vaccines and stimulus hopes -Commodity markets are inextricably tied to geopolitical issues The headlines in the financial press on Tuesday attributed the rise in the price of oil and gains in the equities markets to hopes for a fading pandemic and signs of improved demand. That deserves a deeper look. … More The Daily Dose; Commodities are Exposed to Risk.
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Trump saves the day -Don’t bet on a Beijing Consensus It was a busy weekend. US President Donald Trump signed executive orders aimed at extending financial support for the estimated 20 million people … More The Parallels Between Economics and State Power
-Green shoots do little to explain demand destruction -Toxic US climate will get worse before it gets better. The price for Brent crude was in negative territory early Tuesday, erasing much of the gains from the previous session. Headline issues were largely centered on an announcement from British supermajor BP that it was making a … More The Daily Dose; BP makes excuses for bruising quarter
The GERM Report 