Marko Kolanovic: Virus Politics Poses ‘New And Significant Risk To Markets’
“While the epidemic and markets largely followed our forecasts, politics emerged as a new and significant risk”.
“While the epidemic and markets largely followed our forecasts, politics emerged as a new and significant risk”.
Another incredulous “legend”, robbed of an opportunity to make (more) millions.
We’re not all the way down the road to 100% administered markets, but the crisis has accelerated our journey.
The US president also claimed he “has a lot of information” on China and the origins of COVID-19.
“These events dramatically increase the risk that Chinese companies could be subject to sanctions or boycotts.”
“My first impulse is that is not something we would entertain”.
This raises uncomfortable questions going forward.
Let us count the concerns, shall we?
“CIOs expressed varying degrees of concern.”
The summer fade, and a possible bounce thereafter.
“…the hows and whys and ifs of what was once a crackpot leftfield are now out there actually being discussed.”
“I’m not allowed to tell you that”.
The plan is expected to cost billions of dollars.
“It’s not going to be that long†of a process.
“Eventually, though, narrow market breadth is always resolved the same way.”
“Heads I win, tails you lose.”
“…demand in 2020 will fall by 9.3 million barrels a day, erasing almost a decade of growth.”
“I expect and hope that they will be cutting back approximately 10 Million Barrels”.
China will take Steve Mnuchin’s advice: “Let’s go out and buy.”
“It’s not even a bazooka”, Jones went on to say. “It’s more like a nuclear bomb”.
“…that doesn’t mean we’re going to walk away from advice of health experts”.
Of course, all of this will fall short if politicians do not step up with adequate measures.
“I’ve made some decisions”.
You must be logged in to post a comment.