Oil Prices Are Confirming Global Reflation Is Over
Many are watching the moves in oil very closely.
The global system was in a period of reflation which was of great benefit. Oil is showing that move is over.
This could mean a lot of pain ahead.
There are many variables that are leading to the bearish outlook. One of the biggest is the fact that corporate activity is similar to where it was in 2012. Any "gains" since then are the result of factors other than economic growth.
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Thank you.
I traded several Short-Trades on Oil and made pretty good profit.
Today I´m long for one day to get my share of the technical movement against the sell off from the last days.
But trading oil is fun. :-)
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Great post!
Thanks for tasting the eden!
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