Risk level: Red RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -Trump will still be in office on Wednesday, no matter what -The overall situation is expected to only get worse Well, here we are. Election Day Eve, 2020. Last week, we had reports … More A Dark Mood, No Matter Who Wins
-Commodities giveth and taketh away -Russia pours cold water over OPEC-led curtailments We commented Tuesday about a note from London oil broker PVM that stated the trend in crude oil prices suggests traders may as well flip a coin. The broker was right. Crude oil prices shot up in the middle of the previous … More The Daily Dose; Deck Stacked Against Crude
-Tunnel for oil prices looks to be getting longer -Don’t forget your history lesson on Yasser Arafat It’s not necessarily out of the question to assume the price of oil, barring any black-swan event, will be stuck where it is until the November elections in the United States. The committee monitoring OPEC+ compliance left … More The Daily Dose; Don’t Fall Asleep Watching Oil Prices
The GERM Report 