Neil Beveridge, senior oil analyst at Sanford C. Bernstein, discusses the impact China’s reopening has on oil companies, his outlook for oil prices and where he’s finding opportunity in the energy space. He speaks on Bloomberg Television.
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Oil, gas and mining
15 Comments
Putin can be poison in Kremlin sooner than later
5 big banks in Switzerland only one UBS survived.
Kurdish nation needs independent territories problem ends in this region
Mao Tse Tung ideology in China is fantasy not reality world
AGAIN AND AGAIN IT'S AN ENORMOUS TIME TO SELL OFF STOCKS BONDS US$ CHINA YUAN (+H.K$) EURO POUND REAL ESTATE SECTORS BITCOIN BUT BUYING THE SAFE HAVEN ASSETS = GOLD + ENERGY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! + YEN IS STILL IN A TIMING TO GO APPRECIATED INTO +68YEN +/- AGAINST US$ BUT AGAIN FOR YEN TIMING IS EVERYTHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
ESP CHINA STOCKS + BONDS ARE GOING DOWN AND DOWN AND DOWN AND DOWN MUCH MUCH MUCH LOWER THAN EVER BEFORE THIS YEAR DO THE MATH BECAUSE CHINA PBOC CANNOT HIKE ITS LPR + REPO RATE + RRR MEANS ———– > THERE WILL BE TREMENDOUS COLLAPSE TO HURRICANING THE CHINA (+H.K) ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– DO THE MATH!!!!!!!!!!!!!! END IS END!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
DO THE MATH THAT CHINA (+H.K) ECONOMY CANNOT KEEP GOING FROM HERE UNDER +3% +/- 0.5% GDP GROWTH ——— > THAT MEANS ALREADY ITS GROWTH ENGINE HAS BEEN 1000000000% DESTROYED BY TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT FROM TOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LOW INTEREST RATES TO SLOWDOWN ITS DEBT GROWING PATH!!!!!!!!!!!!!!!!!!!!!!!!!:) AGAIN AND AGIAN END IS END!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WITH ITS SUPER FASTER CHANGING DEMOGRAPHIC STRUCTURE, WOULD BE FOREVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
——– > CURRENT CHINA(+H.K) PROPERTY PRICES WILL BE DOWN AND DOWN AND DOWN MORE THAN (-)80% FROM THE END OF 3RD Q OF 2021YR TILL 2030YR BECAUSE OF MOUNTING AND MOUNTING AND MOUNTING DEBT PROBLEMS < ———- THIS IS A MATH NOT A GUESS OR SPECULATION OR NON SCIENTIFIC EMOTION!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
DO THE SIMPLE MATH THAT UNDER CURRENT LOW GDP GROWTH RATE OF CHINA(+H.K) ECONOMY, THERE IS NO PROBABILITY AT ALL TO OUTPACE THE GROWING SPEED OF ITS TREMENDOUS DEBT PROBLEMS ALREADY SUPER ENTRENCHED IN THE ECONOMY MEANS NOW ITS DEBT TO GDP RATIO IS BASED ON + 560% IN 2022YR MEANS ——– > IT WILL BE GROWING INTO + 1000% +/- 10% IN 2030YR BECAUSE OF SUPER LOW ITS INTEREST RATES (= RMB PRICE) UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
SO DO THE MATH THAT NOW WORLD ECONOMY GDP GROWTH WILL BE AS I'VE SAID ALREADY THAT IT IS GOING MUCH MUCH MUCH MUCH SLOWER THAN EVER SINCE THE BEGINNING OF THE 20TH CENTURY BECAUSE FOR NEXT DECADE THE AVERAGE GDP GROWTH OF THE WORLD ECONOMY WILL BE EVEN BELOW +2.0% +/- BECAUSE OF TOOOOOOOOOOOOOOOOO MUCH DEBT FROM TOOOOOOOOOOOOOOOO CHEAP MONEY PRICES ( = SUPER LOW INTEREST RATE) ——- > SO WHAT ABOUT CHINA ECONOMY? IT CAN REDUCE ITS TREMENDOUS DEBT PROBLEMS OR MORE AND MORE AND MORE AND MORE DEBT PROBLEMS? THE ANSWER IS CLEAN AND CLEAR THAT CHINA DEBT TO ITS GDP RATIO WILL BE HIT TO LEVEL OF 1000% BEFORE 2030YR!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- NO QUESTION ABOUT IT!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGIAN GOLD + ENERGY PRICES HAVE NO OTHER OPTIONS BUT TO HIKE INTO THE BIGGEST EVER PRICE RANGE IN THIS YEAR AND COMING YEARS THAT GOLD PRICE WILL BE IN THE RANGE OF +3K$ – 3.5K$ AND OIL PRICE WILL BE RECOVERING ITS 130$ BB/LS – 140$ BB/LS THIS YEAR BECAUSE OF SUPER CHEAP MONEY PRICES EVERYWHERE ESP US$ CHINA YUAN (+H.K$) POUND EURO S KOREAN WON AUSSIE$ TAIWAN$ NZ$ CANADIAN$ ETC FROM SUPER LOW INTEREST RATE (= THE MONEY PRICE)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S YOU WANT TO KNOW A HARD TRUTH ABOUT US ECONOMY? THE BOTTOM LINE IS THAT US BANKING SYSTEM WILL BE TOTALLY DEMOLISHED BY ITS TREMENDOUS DEBT PROBLEMS BECAUSE OF ITS SUPER LONG 30YR FIXED MORTGAGE RATE!!!!!!!!!!!!!!!!!!!!:) WHY? ——————— > BECAUSE ABOUT 70% OF US HOUSE BUYERS HAVE FIXED MORTGAGE RATE FOR THE 30YEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) MEANS ——— > US$ + ITS TREMENDOUS DEBT PROBLEM CANNOT BE SUSTAINED FURTHER FROM HERE WHY? ———– > BECAUSE OF SUPER LOW INTEREST RATES UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!:) IN OTHER WORDS US$ IS LOSING ITS THE BIGGEST TRADING CURRENCY STATUS MUCH MUCH MUCH MUCH FASTER THAN MARKET'S EXPECTATIONS MEANS THERE WILL BE, BASED ON + 99.98999% PROBABILITY AS I'VE SAID, TOTAL COLLAPSE OF US REAL ESTATE MARKET THAT WILL BE (-)25% FOR 2023YR AT A CONSERVATIVE POINT OF VIEW!!!!!!!!!!!!!!!!!!!!!!!!!!:)
TO MAINTAIN THE LOWEST EVER MORTGAGE INTEREST RATE FOR THE NEXT 30YEARS IN US REAL ESTATE MARKET ———- > EITHER KEEPING US$'S ITS BIGGEST TRADING CURRENCY POSITION IN COMING MONTHS AND YEARS SO THAT US ECONOMY CAN KEEP RECORDING ITS ENDLESS TRADING DEFICITS + ACCOUNT DEFICITS FOR COMING DECADES MEANS IMPORT MORE AND MORE THROUGH PRINTING MORE AND MORE US$ FROM FURTHER AND FURTHER CHEAP US$ PRICES BASED ON SUPER LOW INFLATION OR SIMPLY HAVING AN ECONOMIC ARMAGEDDON TO CLEAN UP ALL OF FINANCIAL ENGINEERING PROBLEMS UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!:)
NOW YOU CAN SEE WHY? THERE ARE MORE AND MORE AND MORE AND MORE AND MORE AND MORE BANKING SYSTEM'S TOTAL FAILURES CONTINUOUSLY GOING ON AND ON AND ON FOR THIS YEAR 2023YR AND COMING YARS?!!!!!!!!!!!!!!!!!!!:) AGAIN DO THE MATH AS I'VE SAID SINCE LAST WEEK THAT —— > FOR INSTANCE US COMMERCIAL MORTGAGE BONDS MATURITY FOR THIS YEAR WILL BE +2.5T$ MEANS ALREADY THE MINSKY MOMENT IS FIREWORKING EVERYWHERE IN THE SECTOR UNDERSTAND?! SO HOW MANY MORE US BANKS FOR THE BAD LOANS WILL BE GONE FROM THEIR BALANCE SHEETS? MEANS US FED HAS NO OTHER OPTIONS BUT TO INJECT MORE AND MORE AND MORE AND MORE MONEY INTO THE SYSTEM BUT CANNOT HIKE ITS FUNDS RATE FURTHER FROM HERE BECAUSE AS I'VE SAID MANY TIMES SINCE 2ND Q OF 2022YR IT IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO DEAL WITH IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN AS I'VE SAID MANY TIMES ALREADY THAT THE TREMENDOUS DEBT PROBLEMS EVER SINCE THE BEGINNING OF THE 20TH CENTURY ARE THE BIGGEST EVER SUPER IMPETUS TO PUSH UP AND UP AND UP AND UP AND UP THE PRICES OF THE COMMODITY PRICES AS WE HAVE BEEN SEEING THOSE STAGFLATION IN MANY COUNTRIES SUCH AS ARGENTINA TURKEY VENEZUELA + AFRICAN COUNTRIES ETC WHERE SUPER STAGFLATION FROM TOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT FOR MANY YEARS ALREADY HAS BEEN GOING ON AND ON AND ON!!!!!!!!!!!!!!!!!!!:) USA CHINA EUROPE EVEN JAPAN S KOREA TAIWAN + MORE AND MORE AND MORE COUNTRIES ARE ON A SAME TRACK WITH THOSE SUPER STAGFLATION COUNTRIES BY THEIR TREMENDOUS DEBT PROBLEMS FROM SUPER CHEAP MONEY PRICES ( = TOO LOW INTEREST RATE) + RAPIDLY CHANGING THEIR DEMOGRAPHIC STRUCTURE!!!!!!!!!!!!!!!!!!!!!!!!!:)