‘The Bullish Conclusion Is Simple’: Analysts Quickly Adapt To Oil’s New Reality As Japan To Stop Importing Iranian Oil In September
“This could leave the oil markets vulnerable to even minor output disruptions.”
“This could leave the oil markets vulnerable to even minor output disruptions.”
“And they don’t know who they are playing with, folks.”
“It feels like he is on a highway driving against the traffic and is pushing the gas pedal.”
“We know prices in the three digits were causing instability”.
“Loud and clear”.
Or at least “loud.”
This may be your tail risk, right here.
Draw your own conclusions.
“Is there any evidence that the microscopic variance between 1.9% and 2.3% inflation on the PCE deflator makes any difference to the performance and prosperity of the main street economy?”
Keep calm and take (some more) risk.
“I think we are just in the middle of a correction. And I think, overall, the structural story is still pretty positive. But this is a correction that may not be over yet.”
“Dear me, the man is dense, is he not? This is a castle isn’t it? There are tapestries here?”
“The impetus for these kinds of laws, other than banning abortions, is a deeply held desire among conservatives to ‘beat us at our own game.'”
“At length, you get Donald Trump instead, and you get his half-baked advisor, Peter Navarro, on bubblevision explaining that protectionism is the new route to free trade.”
“But, alas, the ‘foolish or incompetent people’ skewered in the Donald’s 7:22 AM tweet are not some defunct Commerce Department or USTR officials from bygone times.”
“What if I told you that you’ve been whipsawed by a cartoon, and you’re going to be whipsawed again?”
Nothing says “innovation” like aggressive protectionism.
“But two things are absolutely clear about the “why” of this $15 trillion calamity. To wit, it was not caused by some mysterious loss of capitalist enterprise and energy on America’s main street economy since 1975. Nor was it caused—contrary to the Donald’s simple-minded blather—by bad trade deals and stupid people at the USTR and Commerce Department.”
“Needless to say, the Donald’s un-varnished, un-vetted and un-shackled thoughts whims on most any topic are a thing of considerable disruptive potential. But when it comes to trade, his mind beats to the sound of a drummer not from this world or even possibly the next.”
Well, the Chinese are back.
“At the end of the day, the real scandal of central banking is that it takes credit for what it doesn’t cause and can’t achieve in the main street economy, while ignoring the mayhem its machinations bring to the financial system.”
“We have crossed the fiscal Rubicon.”
Folks, it is falling apart for Bitcoin.
Well, Bitcoin is all to hell again.
The bubble is popping. And it’s hilarious.
Safely. Of course.
“Donald Trump is walking himself right into a miserable trap. He and his putative “advisors” are apparently so blind to the severe headwinds facing the financial markets and the deep structural impairments plaguing the US economy that they have eagerly embraced a veritable fairy tale.”
“Somehow the Donald managed to say less during his 15 minutes of fame at Davos than even the swamp creatures he abhors might have offered up. But the pity of it is that the whole thrust of what he did say was dead wrong.”
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