-What would Keynes do? -Trump intervention, Chinese buying spree, gives markets a push. Trump giveth and Trump taketh away. A presidential warning on the possible US death toll from COVID-19 spooked markets early Wednesday, though his let’s-make-a-deal comments on oil production sparked a major rally some 24 hours later. With large swathes of the US … More The Daily Dose
-Russia has a fortress economy -TC Energy Corp. marches forward while Shell steps back. Vague statements from the White House and the Kremlin on the state of affairs in the oil market gave crude oil prices a lift in early Tuesday trading. Right-leaning lawmakers in the United States have been pressuring Saudi Arabia and Russia … 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
The GERM Report 