It’s as Simple as Supply vs. Demand
Political leaders continue to tinker around the edges of the global crude oil market.
Real Vision: Finance & Investing · Real Vision Podcast Network
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
All three major U.S. equity indexes were up more than 1% through midday Tuesday, as energy stocks hit a 52-week high relative to crude oil futures. That’s a data point Maggie Lake is sure to raise with Tony Greer, the founder of TG Macro, during today’s Daily Briefing, with reports that President Joe Biden is considering further sales from the Strategic Petroleum Reserve to offset critical supply shortages. Meanwhile, the Bank of England denied a Financial Times report that the central bank would delay its program of gilt sales, as fragmentation of monetary policy in response to economic pressures continues to roil bond and forex markets. Maggie and Tony will also talk about commodities, positioning, and the broader market trend. We also hear from Raoul Pal and Julian Brigden on the state of the real estate market. Pro Macro subscribers can watch the complete Insider Talks featuring Raoul and Julian here: https://www.realvision.com/shows/insider-talks/videos/macro-pro-insider-talks-october-2022-live-mXN3?tab=details.
Learn more about your ad choices. Visit podcastchoices.com/adchoices