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Dimon proposes energy “Marshall Plan”

Summary:
Looks like US oil production is stalled (Mike reporting EIA number at 11.6M for 7 weeks) until the firms and more importantly banks can get some guarantees ….Dimon coming up with a figurative “Marshall Plan” as a carve out against Democrat ESG (Extremely Stupid Girls) policies is pretty savvy.. Its an effective test for Biden people... iow if Biden people don’t go for this "Marshall Plan" thing then you know they are bull shitting and you don’t do it…Our #EFT man @SullyCNBC reporting this morning on JP Morgan’s CEO Jamie Dimon floating concept of energy Marshall Plan to enhance #EnergySecurity. just another step along the way to a return to record levels of US oil and gas production. #TrautworthyBarrels— Dan Pickering (@pickeringenergy) March 23, 2022 Setting up as Dimon vs Fink:Forcing

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Looks like US oil production is stalled (Mike reporting EIA number at 11.6M for 7 weeks) until the firms and more importantly banks can get some guarantees ….

Dimon coming up with a figurative “Marshall Plan” as a carve out against Democrat ESG (Extremely Stupid Girls) policies is pretty savvy.. 

Its an effective test for Biden people... iow if Biden people don’t go for this "Marshall Plan" thing then you know they are bull shitting and you don’t do it…


Setting up as Dimon vs Fink:






Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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