Waiting For The Rebound, Rationality Shall Prevail

The U.S. stock market was an accident waiting to happen as valuations were historically excessive before the coronavirus struck.  Moreover,  markets are very distorted due to all the government intervention and the Federal Reserve’s extraordinary monetary policy since the Great Financial Crisis (GFC).   The traditional economic signals extracted from the financial markets are no longer … More Waiting For The Rebound, Rationality Shall Prevail

Oil Prices Set To Collapse

The Saudi-Russian Oil War is going to cause crude oil prices to collapse. Saudi Arabia plans to increase oil output next month, going well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia. …“This is going to get nasty,” said Doug King, a hedge … More Oil Prices Set To Collapse