-Oil prices up on data cherry-picking -It’s LNG this time around that gives us a good geopolitical picture. Crude oil prices were again in rally mode after US data showed a draw on all major petroleum components. The selection of California Sen. Kamala Harris as the vice president on the Democrat’s ticket may also be … More The Daily Dose; US Energy Products Are Not Leaving Shore.
-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
The GERM Report 