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Gasoline inventories are surging.

Summary:
Prices should come down the pump even more, and these aren't the only commercial inventories that will rise.

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Prices should come down the pump even more, and these aren't the only commercial inventories that will rise.
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.

7 comments

  1. It wouldn’t be a mike Norman video without the police or ambulance siren in the back ?. Love the content, glad you schooled me into not being a zombie like the rest. Thanks again ??

  2. Household debt burdens can change very quickly if interest rates rise

  3. ¡Bella Nature! Vlogs

    Interesting ??

  4. Heard on the Hill "The national debt is unsustainable, but we are the reserve currency and there is tremendous demand for US debt".

  5. Gr8 insight !!

  6. Deficit drop, cue the sirens. Love it. What's really weird — or maybe not so weird — is that as soon as your sirens started on the UES, sirens started here downtown in Chelsea. It's a NYC thang.

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