May

25

 It is regrettable to see Goldman forecasting $45 oil along with concomitant declines in all other commodities. And one wonders what the agenda is for such absurd forecasts and whether it is possible to make money by systematically coppering such self serving things.

Anatoly Veltman writes: 

Not sure what they are seeing in other markets, but the supply side of oil remains hard to abruptly turn– thus their reasonable projection. Subdued energy price is also a politically correct position, so not much near term headwind there. But eventually, yes: absurdly low oil was always resolved via war initiative by a foreign power.


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search