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The Center of the Universe 2016-02-29 22:15:36

Summary:
So at current prices Saudis aren’t making much progress towards their goal of higher sales: First a move up on the inventory thing, followed by a move down on the inventory thing. And looks to me like there’s a lot more downside coming from that inventory thing, etc.:Pretty lame bounce so far from an index that zig zags so much:

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So at current prices Saudis aren’t making much progress towards their goal of higher sales:

First a move up on the inventory thing, followed by a move down on the inventory thing.

And looks to me like there’s a lot more downside coming from that inventory thing, etc.:

Pretty lame bounce so far from an index that zig zags so much:

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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