Oil demand increases globally every year along with global population, so renewables are no threat to gasoline, diesel and avgas yet.
Some shanpshots from Mavericks Jan 11th video.
Oh yeah, inflation baby, round 2 = no early rate cuts (is that bulls crying in the background I hear?)
Wealth destruction and lowered standard of living via less disposable income.
Netflix - the chief indiciator of cuts in discretionary spending?
Less and less people working to pay for all that stupid govt spending, Bidenomics will go down as one of the greatest failures in US history.
And whilst intos and retail escape the market, whose providing all the liquidity to push these mad moves we have been seeing?
Long idea - EML. another they just love to trade irrespective of fundamentals...Should go for a run now.
(20min delay)