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Navigator: Divine Intervention
Navigator: Divine Intervention The Oil Supply figures that our research and the US Administration claim to be true are irreconcilable. One or the other will be proven completely wrong in September. Stay long Ice Diesel, EU TTF Gas and Brent (in that order). QS research finds that…
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King Canute and the Bond Market
King Canute and the Bond MarketInvestment Conclusion The US Treasury is increasing purchases of long-term Treasuries. The stated objective is to improve liquidity. Nobody is fooled. The aim is to control and lower long term US Treasury yields. The policy is ill advised. It won’t …
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