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11/03/20

11:07

Post #: 43422571
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Originally posted by Devilmaycare ↑

I believe there are two issues here
1. A worldwide Flu that is decimating the weak and the old
2. A on going battle between 2 major oil cartells that has been going on since Iraq got invaded

The worldwide flu is impeding trade with China but once it has spread and peaked.It is a flu and always will be.
By mid June, the Northern Hemisphere will be warming up into summer and we will have seen the worst of it. The backlog to catch up with production will cause resources to be in demand. Good for resources.

Russia and Saudi's creating a world oil glut will be a bonus for all industries initially, however, cannot see it lasting. Sooner or later oil will come back the median 50-60 a barrel. Unfortunately in this conflict, this could be the start of a major world conflict.

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Flu and common cold are not even the same, they are different viruses. This Coronavirus is a virus but not the flu, it is related to SARS and MERS. The one thing in common is they are all viruses.
2 Upvote

0 Great analysis

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