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:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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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: