MBCC TH 4th May'23 - "It is as though the Fed is pushing the market to break, why?"

So the Fed raised rates by 25 bps. They had to, they had no choice. But it is not about that, we are still seeing the impact of the previous 400 bps of rate rises. One thing is sure, they cannot cut UNLESS 3 things happen. We are far from that.

We tell you what needs to happen and when..

Oil why is it falling? We discuss out theory about products, as we have been saying all along, it is not about Oil, but about products!