When oil supply constraints are expected (such as JP Morgan's prediction of September rationing), markets typically react with increased volatility, including rising crude oil prices, strengthening dollar, and shifting stock futures, as investors adjust to the reality of supply limitations and potential deliberate supply management.
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Leaked JP Morgan Memo Is Getting Attention.. MannarinoAñadido:
JP Morgan, said June, July expect scarcities in September rationing. Now, you got the IEA and again, I didn't really look into it, but they're pointing more towards July.
I don't I didn't get a chance to really dig it into it. I don't know what they said about September, but guys, look man, if this doesn't stop, we cannot replace the barrels fast enough. We can't refine the barrels fast enough to to fix the issue. You have to you have to sit back and say, "Wow, is this actually deliberate?" Yeah, it is. None of it's by accident. So, with with regard to yesterday and Trump's he he basically put out three statements yesterday.
A deal was close again and then we're finalizing it and I I ran they wanted the deal very badly. The last one when Trump said that we were very close to the final stages of of a deal, what happened? The 10-year yield fell through the floor, crude oil cratered, the dollar fell, and stocks whipped higher, but this morning is completely different. Stock futures are down across the board. 10-year yield rising, reality's kicking in.
Dollar strengthening. My God, you got [clears throat] crude up like 2 and 1/2 3%. You got gold and silver getting hit a little bit, nothing major going on over there. And you got cryptocurrencies under some pressure. Um And so, I want to talk about this, guys.
It's in your Everything is in Everything I discuss is in your inbox. So, I
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