‘They’re Playing With Fire!’: There’s No Geopolitical Risk Priced Into Oil

“Investors should not interpret this as a sign of quiet trading in the summer and muted price moves ahead. Instead, we view this as a good opportunity to add to their long exposure with cheap optionality, especially with global oil inventories continuing to tighten and geopolitics heating up again.”

The Problem Isn’t That Trump Knows Nothing, It’s That He Wants To Know Nothing

“To be sure, the Trump presidency’s overt disdain for intellect did not arise in an historical vacuum. Rather, it was made possible by an underlying and longstanding cultural loathing of “mind.” Even in our best universities, where I taught international law for almost half a century (Princeton and Purdue), the headlong abandonment of intellect for commerce has been shameless and undisguised.”