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Daily Archives: April 21, 2020
Oil demand rebound likely to disappoint
Economic recovery hopes are likely to be thwarted by COVID-19 until there is a vaccine, and in the meantime, supply is likely to overwhelm demand in most industrial commodities and consumer goods. Central bank interventions, ETFs and extreme financial leverage … Continue reading
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Real talk on the Fed’s disastrous financial schemes
As the price of oil now drowns in oversupply, financial bubbles bust retirement plans once more, hundreds of thousands of overvalued ‘investment’ properties sit empty and income-less in cities all over the globe, and inventories of excess consumer goods like … Continue reading
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