Friday , December 13 2024
Home / Mike Norman Economics / Dimon proposes energy “Marshall Plan”

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

John Quiggin writes RBA policy is putting all our futures at risk

Matias Vernengo writes Inflation, real wages, and the election results

Robert Vienneau writes A 1-Dimensional Diagram For Extensive Rent With Markup Pricing

Mike Norman writes Argentina ends deficit for first time in 123 years…

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.

Leave a Reply

Your email address will not be published. Required fields are marked *