Loading ...The speed at which markets are moving, is seemingly intensifying.
Take Oil for example:
Between this past Sunday and Monday, the Houthi rebels launched another assault on a bulk carrier named Magic Seas using small boats and bomb-laden drones……The goal would seemingly be to choke off this critical maritime chokepoint and escalate the price of Oil.
What headline comes out this morning: (from ZH)
“WTI Slides after Biggest Crude Build Since January.” (API actually reported that crude inventories rose 7.1 million barrels last week). I don’t believe any financial news that is being dissipated (just me).
I’ve alluded to this here before: IMHO, this is a major financial war between resource rich BLOC countries and debt laden Western economies that are trying to hang on for dear life…..