I find it fascinating that MS, in that “exhibit 8” oversupply chart, appear to use the absolute fantasy supply scenario to produce those figures.
And unless one actually digs a bit deeper, and works out what they are actually (or at least seem to be) basing it on, then one might readily accept that “summary” as some “reasonable” forecast….because “analysts” and “suits” and “smart” etc etc etc…
I’ve posted that video a couple of times of Jim Cramer bragging about the absolutely unethical and illegal tactics that the big dogs use to sway sentiment and pricing, and blatantly manipulate the market. Anyone thinking that was only in days past is kidding themselves imo. Just think of the vast amounts of money at stake. Wow.
Watch what they do, not what they say! Easier said than done unfortunately.
