Oil shock inbound

K

kramer

Active Member
Well we got the two straights closed now, and the Houthis / Iran blew up the Saudi east / west pipeline, was one of the only other escape routes and more of their infrastructure is being targeted as we speak.
You got the bond market crashing, US 10 year yield at 5%. Japan carry trade has ended as their rates rise also.
The RBOB is spiking (the market that much of Canada buys gasoline on). You got brent crude spiking. Diesel up 80%. AI Stocks about to burst.
Canadian 5 year mortgage rates are heading up beyond 4%
Airlines are taking out huge emergency loans from the government just to buy kerosene

Hope you're ready :)
 
Upvote 5
Understanding this growth dynamic and the power of exponentials

clarifies why velocity is such an issue and why the speed of intervention to curb the rate of growth is so

crucial. Ernest Hemingway understood this. In his novel The Sun Also Rises , two characters have the

following conversation: “How did you go bankrupt?" Bill asked.

“Two ways,

” Mike said.

“Gradually,

then suddenly.

” The same tends to happen for big systemic shifts and disruption in general: things tend to

change gradually at first and then all at once. Expect the same for the macro reset.

Excerpt from the Great reset “macro velocity”

reparti.free.fr/schwab2020.pdf
 
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