“Oil inventories will continue to draw and prices are going to move higher, certainly in the second half of the year.” Neil Beveridge, senior oil analyst at Sanford C. Bernstein, discusses the rally in oil prices, demand in China and his outlook for oil companies in China. He speaks on Bloomberg Television.
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Oil, gas and mining
24 Comments
Fema camps coming to a city near you!😮
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__ ЗА ЧИСТИ ОБЛАЧЕТА __/
__ ВЪПРОС __/
__ НАУКА __/
__ ИНЖЕНЕРСТВО __/
__ КОЕФИЦИЕНТ НА __/
__ПОЛЕЗНО ДЕЙСТВИЕ ИЛИ __/
__СКОРОСТА НА ПОСОКАТА __/
__НА ВЪРТЕНЕ НА ЗЕМЯТА __/
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__ И ДАПЪЛНЕНИЕ НА __/
__ ОЩЕ ТАКИВА __/
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fed is gong off of a price target for pppi when it should be volatility index at a given point in time or lack there of to go off of free market efficacy or whatever
DO THE MATH THAT BOJ HAS NO OTHER OPTIONS BUT TO ABANDON ITS (-) INTEREST RATE AS SOON AS BY THE END OF THIS YEAR BECAUSE OF ———– > 1. REBOUNDING INFLATION THAT WILL BE MUCH STRONGER THAN MARKET'S EXPECTATIONS THAT AS I'VE SAID THAT ——- > FROM JULY IN US ECONOMY THE INFLATION IS REBOUNDING NOW FROM +3.0% IN JUNE TO + 3.2% – + 3.4% AND IT WILL BE EVEN CLOSE TO + 4.0% IN AUGUST BECAUSE FED IS TOOOOOOOOOOOOOOO BEHIND THE CURVE TO QUELL THE MOUNTING DEBT CRISIS AGAINT THE BIGGEST EVER SYSTEMIC IMBALANCE SITUATION IN US ECONOMY BETWEEN THE AGGREGATE DEBT VS THE AGGREGATE DEMAND VS THE AGGREGATE SUPPLY BASED ON STILL TOO LOW INTEREST RATES = FED FUNDS RATE + US 10YR YIELD AS I'VE SAID MANY TIMES ALREADY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
2. JAPAN INFLATION IS GETTING HGHER AND HIGHER AND HIGHER INTO + 4% – + 5% RANGE BY THE END OF 3RD Q AND IT WILL BE EVEN GOING TO BE MUCH HARDER ENTRENCHED INTO THE ECONOMY MEANS ———– > BOJ AS I'VE SAID MANY TIMES ALREADY THAT THEY ARE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO BEHIND THE CURVE NOW BECAUSE AGAIN AND AGAIN AS I'VE EMPHASIZED MANY TIMES SINCE DEC OF 2022YR TO JUNE OF 2023YR THAT ——- > THE BOJ HAS LOST ITS BEST TIMING TO MOVE ITS MONETARY POLICY = TWEAKING YCC OF ITS 10YR JGB YIELD OR DISCARD ENTIRE MONETARY POLICY FROM (-)0.1% ABSURD RATE ———– > NOW AS WE CAN SEE THAT US 10YR YIELD HAS NO OTHER OPTIONS BUT TO HIKE INTO MUCH HIGHER AND FASTER THAN EVER BEFORE MEANS —— > THE BOJ IS TOOOOOOOOOOOOOOOO BEHIND THE CURVE IN OTHER WORDS ——— > GOVERNOR UEDA IS SOOOOOOOOOOO POOR AT MATH!!!!!!!!!!:) DO THE MATH BOJ OJSANS + OBASANS = YOU ARE GETTING EVEN MORE AND MORE AND MORE AND MORE AND MORE AND MORE BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!:) AS I'VE SAID THAT THE ARABIAN MERCHANTS ARE COMING BACK TO THE WORLD ECONOMY UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!:) I AM NOT TALKING ABOUT THE CLASH OF CIVILIZATION BY SAMEUL HUNTINGTON BUT IN REALITY ——– > THE ARABIAN MERCHANTS ARE WAKING UP NOW LED BY SAUDI ARABIA MEANS ———— > ISRAEL NO MATTER WHAT THEY TRY TO DO ——— > THEY NEED TO JOIN THE ARAB ALLIANCE LED BY SAUDI + UAE ULTIMATELY IT WILL INCLUDE IRAN = THE PERSIAN GULF COUNTRY = TOTAL DEFINITION OF MIDDLE EAST!!!!!!!!!!!!!!!!!!!!!!!!!:)
SAUDI ARABIA COULD BE A CENTRAL BANK OF THE TOTAL MIDDLE EASTERN ECONOMY THAT MEANS —– > ITS RIYAL COULD BE A COMMON CURRENCY OF THE ECONOMIC REGION ULTIMATELY BECAUSE OF CHANGING WORLD ORDER LED BY THE MULTI CURRENCY PAYMENT SYSTEM FROM US$ DOMINANT PAYMENT SYSTEM < ———- THAT IS ALREADY ONGOING EVENT AND IT IS GETTING BEING ACCELERATED NOW BECAUSE OF MORE AND MORE AND MORE AND MORE AND MORE AND MORE THE ENDLESS OF US$ PRINTINGS = TRILLIONS$ TRILLIONS$ TRILLIONS$ AMOUNT OF US T – DEBT AS WE ARE WATCHING NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGIAN SELLOFF STOCKS BONDS REAL ESTATES THAT ONLY SAFE HAVEN ASSETS ARE GOLD + ENERGY (= OIL GAS COAL) FOR MANY MANY MANY YEARS TO COME BY THE BIGGEST EVER DEBT ARMAGEDDON LED BY USA + THE IMF SDR CURRENCIES + AUSTRALIAN S KOREAN TAIWAN NZ CANADIAN BRAZIL SWISS ALMOST ALL OF ECONOMIES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGIAN THE BOJ MUST ABANDON ITS ENTIRE ABSURD MONETARY ASAP —— > AGAIN THE BOJ UEDA OJISAN YOU DO THE MATH THAT!!!!!!!!!!!!!!!!:) ———— > BASED ON +4% INFLATION IN JAPAN FROM AUG + SEP ——- > JGB 10YR YIELD +1.0% – US 10YR YIELD + 4% +/- = (-)3% +/- MAKE ANY SENSE?!!!!!!!!!!!!!!!!!!!!!!!!!:) THE ANSWER IS NO!!!!!!!!!!!!!!!!!!!!!!!!!:) EITHER JGB 10YR GOES MUCH HIGHER +1.0% TO +2.0% OR ———— > US 10YR YIELD GETS INTO +5% RANGE OTHERWISE INFLATION PROBLEM IN JAPAN WILL BE MUCH SEVERE THAN EVER UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!:) IT'S A SIMPLE MATH TO FIGURE OUT THAT AGAIN AND AGIAN THE BOJ MUST TAKE AN ACTION NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
China Loses Out as Global Funds Buy Japan Stocks < ——- ON THE SURFACE IT LOOKS LIKE THAT BUT THE BOTTOM LINE IS THAT AS I'VE SAID MANY TIMES ALREADY THAT IT'S THE BIGGEST EVER TIME TO GO AN ENORMOUS SHORT AGAINST STOCKS BONDS REAL ESTATE SECTOR EVERYWHERE OF THE WORLD ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN AS I'VE SAID MANY TIMES SINCE THE END OF 3RD Q OF 2021YR SPECIFICALLY SEP OF THE ECONOMIC Q OF THAT YEAR THROUGH THE WHOLE YEAR OF 2022YR TILL NOW ———– > CHINA(+H.K) ECONOMY IS FINISHED UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) FINISHED MEANS FINISHED UNDER CURRENT POLITICAL + SOCIAL + FINANCIAL SYSTEMS OF CHINA(+H.K)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AS I'VE SAID THAT AT THE US FED'S SEP 21ST FOMC MEETING INTEREST RATE HIKING WHETHER 25BP OR 50BP IS A DONE DEAL THING UNDERSTAND?!!!!!!!!!!!!!!!!!!!!!!!!!!!:) BECAUSE DO THE MATH JULY INFLATION IN US ECONOMY WILL BE +3.2% – +3.4% +/- AND AUG INFLATION DATA WILL BE SHOWING + 3.8% – +4.0% BEFORE SEP 2OTH – 21ST FOMC MEETING!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) HOWEVER THE CENTRAL BANK WILL BE TOOOOOOOOOOOOOOOOO BEHIND THE CURVE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S SAUDI ARABIA MUST EMBRACE ISRAEL IN THE END IT WILL BE ALSO A MEMBER OF ARAB ALLIANCE!!!!!!!!!!!!!!!!!!:) < ——- THAT'S HISTORY IN COMING YEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
OF COURSE WE WILL SEE ANOTHER (-) INFLATION + (-)PPI FOR JULY OF CHINA ECONOMY MEANS AGAIN AND AGAIN CHINA'S TECTONIC DEFLATION IS GOING ON AND ON AND ON AND ON AND ON AND ON FOR MANY MANY YEARS TO COME INTO 2040YR – 2050YR AT LEAST BUT THE ULTIMATE DIFFERENCE BETWEEN JAPAN'S DEFLATION VS CHINA DEFLATION IS THE DIFFERENCE BETWEEN THEIR CURRENCIES = YEN AND YUAN ———- > INDEED JAPAN INFLATION WAS TRIGGERED BY STRONG YEN BY PLAZA ACCORD IN 1985YR BUT CHINA DEFLATION IS BEING TRIGGERED BY ITS FINANCIAL ENGINEERING PROBLEMS LED BY ULTRA LOW INTEREST RATES AGAINST THE BIGGEST EVER DEBT ARMAGEDDON ———- > WEKAER AND WEAKER AND WEAKER AND WEAKR CHINA RMB TRIGGERING MORE AND FURTHER ITS STRUCTURAL DEFLATION NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN ONLY COLD + ENERGY ARE THE SAFE HAVEN ASSETS AGAINST STOCKS BONDS + REAL ESTATES THAT NOW WHO DENIES THE FACT ———- > GOLD PRICE IS GETTING HIGHER AND HIGHER AND HIGHER INTO 3K$ – 3.5K$ THIS YEAR AND ULTIMATELY IT WIL BE IN THE RANGE OF 10K$ – 15K$ BY 2030YR +/- AND OIL PRICE IS GETTING BACK TO ITS 130$ BB/LS TO 140$ BB/LS MUCH SOONER THAN MARKET'S MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——— > OR THERE WILL BE EVE MORE AND MORE AND MORE AND MORE AND MORE AND MORE DEBT CRISIS HEADED INTO ARMAGEDDON STRAIGHTLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LET ME TELL YOU A CLEAR FACT THAT NOW FED VS BIDEN REGIM SET AN IMPOSSIBLE GOAL THAT FED IS STICKING TO BACK TO +2% INFLATION TO REVIVE US ECONOMY VS BIDEN REGIME SET A PLAN TO START RESTORING US MANUFACTURING SECTOR ———— > THOSE CANNOT BE COMPATIBLE TO GO TOGHER UNLESS MORE AND MORE AND MORE AND MORE AND AND MORE AND MORE AND MORE INTEREST RATE HIKING CYCLE GOING ON AND ON AND ON AND ON AND ON AND ON FOR MANY YEARS TO COME UNDER THE BIGGEST EVER DEBTS CRISIS OF US HISTORY ——- > DEVELOPING INTO THE DEBT ARMAGEDDON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN DO THE MATH!!!!!!!:) ——- > AS I'VE SAID ALREADY THAT IT'S THE BIGGEST EVER TIME TO GO AN ENORMOUS SHORT AGAINST STOCKS + BONDS + REAL ESTATE = PROPERTY (= RESIDENTIAL + COMMERCIAL) FOR MANY MANY YEARS TO COME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) IT IS END OK?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) END MEANS END!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) NO CLEAN UP THE DEBT ARMAGEDDON = NO ECONOMIC RECOVERY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ——– DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN ——- > AS I'VE WARNED OF THE DEBT ARMAGEDDON MANY TIMES ALREADY!!!!!!!!!:) ——— > DUE TO THE TOTALLY BROKEN ' THE STATE OF EQUILIBRIUM' BETWEEN THE AGGREGATE DEBT VS THE AGGREGATE DEMAND VS THE AGGREGATE SUPPLY BASED ON STILL TOOOOOOOOOOO LOW INTEREST RATES ALL OVER THE WORLD AGAINST THE AGGREGATE DEBT TO GDP RATIO OF THE WORLD ECONOMY ——– > THE OPEC+ HAS NO OTHER OPTIONS BUT TO CUT MORE AND FURTHER AND FURTHER AND FURTHER PRODUCTION IN COMING THEIR MEETINGS AS I'VE SAID MANY TIMES ALREADY JUST LIKE DETERIORATING SHALE GAS & OIL IN THE US ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
El-Erian Says US Can Accommodate 4% Wage Growth. < ——– MEANS ——– > NOW YOU AGREE WITH ME?!:) ——- >. US 10YR YIELD WILL BE IN THE RANGE OF +5.25% +/- 25BP BY THE END OF 2023YR WHILE JGB 10YR YIELD DEFINITELY IS GOING TO HIT ITS +1.0% AND US FED HAS NO OTHER OPTIONS BUT TO HIKE 2 MORE INTEREST RATE HIKES SEP + NOV + DEC OF 2023YR?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ——- > P.S STEVEN MAJOR ——- > SORRY TO SAY BUT YOU MAY ADMIT THAT I WAS RIGHT YOU WERE WROING ABOUT THE US BONDS YIELDS THAT I WROTE IN THE 1ST Q HERE AS YOU SAID THAT US BONDS YIELDS WILL BE DOWN MUCH LOWER THAN EVEN +3% RANGE HOWEVER THAT TIME I SAID WE WILL SEE MUCH MUCH MUCH MUCH MUCH MUCH MUCH HIGHER THAN +3% RANGE INTO THE END OF THIS YEAR AND IT WILL BE EVEN MUCH MUCH MUCH MUCH MUCH MUCH HIGHER THAN 2023YR IN 2024YR < —— NOW US 10YR YIELD IS JUST ABOVE + 4% RANGE UNDERSTAND?!!!!!!!!!!!!:) MEANS IT WILL BE GOING UP AND UP AND UP AND UP TO THE RANGE OF +7% – +8% TO GET BALANCED WITH THE FED FUNDS RATE WILL BE ALSO IN THE RANGE OF +7% – +8% IN 2024YR BEFORE END OF 1ST HALF OF 2024YR!!!!!!!!!!!!!!!!!!!!!!!:)
AS I'VE SAID MANY TIMES ALREADY THAT US FED HAS NO OTHER OPTIONS BUT TO HIKE ITS FUNDS RATE TO +7% – +8% BY THE END OF THIS YEAR AND IT WILL BE IN THE RANGE OF +10% NEXT YEAR OR THERE WILL BE MUCH MORE COLLAPSING OF US ECONOMIC FUNDAMENTALS AS WE CAN SEE FROM DRAMATICALLY ONGOING PROCESS OF CHINA + EUROPEAN DEBT – SHITTY ECONOMIES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
IN CONCLUSION US ECONOMY IS FINISHED BY ITS OWN DEBT CRISIS, DEVELOPING INTO DEBT ARMAGEDDON!!!!!!!!!!!!:) ——– >. WHO IS BUYING US T – BILLS?!!!!!!!!!!!!!!!!!!!!!:) < ——– NOBODY!!!!!!!!!!!!!!!!!!!:) —— >. THE FED SINCE OBAMA REGIME ESP LED BY IN REALITY ANDREW FISCHER, WAS VICE CHAIR OF THE FED AT THE TIME ——- > HE WAS AN INDEED GODFATHER OF NEO KEYNESIAN ECONOMICS TO CREATE THE THEORY OF QUANTITATIVE EASING = SIMPLY MONEY PRINTINGS ——– > HOWEVER THE QE THEORY HAD A FUNDAMENTAL PROBLEM AS IT WAS BEING CREATED AND DESIGNED!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) WHAT WAS THAT? THE ANSWER IS TO ACHIEVE QUANTITATIVE EASING = MONEY PRINTINGS, IT NEEDS OTHER ECONOMIES TO ABSORB INFLATION FROM THE QE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- SEE? NOW NO OTHER ECONOMIES CAN ABSORB INFLATION FROM USA + SDR ECONOMIES OF THE IMF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) END OK?!!!!!!!!!!!!!!!!!!! END MEANS END!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
THE BOJ + THE FED MADE THE BIGGEST EVER MISTAKE AGAINST THE WORLD ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ——— > THE FED SINCE OBAMA REGIME ESP LED BY IN REALITY ANDREW FISCHER, WAS VICE CHAIR OF THE FED AT THE TIME ——- > HE WAS AN INDEED GODFATHER OF NEO KEYNESIAN ECONOMICS TO CREATE THE THEORY OF QUANTITATIVE EASING = SIMPLY MONEY PRINTINGS ——– > HOWEVER THE QE THEORY HAD A FUNDAMENTAL PROBLEM AS IT WAS BEING CREATED AND DESIGNED!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) WHAT WAS THAT? THE ANSWER IS TO ACHIEVE QUANTITATIVE EASING = MONEY PRINTINGS, IT NEEDS OTHER ECONOMIES TO ABSORB INFLATION FROM THE QE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- SEE? NOW NO OTHER ECONOMIES CAN ABSORB INFLATION FROM USA + SDR ECONOMIES OF THE IMF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) END OK?!!!!!!!!!!!!!!!!!!! END MEANS END!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
CHINA REAL ESTATE WILL BE DOWN BY (-)80% +/- BY THE 2030YR FROM SEP OF 2021YR < ———– WHO DENIES THE FACT?!!!!!!!!!!!!!!!!!!!:)
THE OPEC+ AS I'VE SAID MANY TIMES ALREADY THAT THEY HAVE NO OTHER OPTIONS BUT TO CUT MORE AND FURTHER THEIR PRODUCTIONS BECAUSE OF THEIR BUYERS' BAD CREDIT = THE BIGGEST EVER DEBT CRISIS LED BY ESP USA CHINA EU(+U.K)+ JAPAN!!!!!!!!!!!!!!!!!!!!!!!!!!!:) BECAUSE THEIR PRODUCTION COSTS ARE GOING HIGHER AND HIGHER FROM RISING INTEREST RATE MEANS LESSER AND LESSER AND LESSER INVESTMENT TO MAINTAIN + INCREASE PRODUCTIONS ——— > DETERIORATING MORE AND FURTHER PRODUCTION OF OIL AND GAS TO MEET WITH THE AGGREGATE DEMAND!!!!!!!!!!!!!!!!!!!!!!!!:)