MBCC TH 9th Apr'24 - "As the world gets excited to play the reflation trade, we tell you what PHYSICAL commodity market balances are saying, Fed you cant cut now, check mate!"

First the $ rotation into Tech/AI…then into Commodity as Fed is too much of a wuss to say they cant cut rates even though data is so away from them. Their December pivot was too preemptive and now they are at mercy of bond/rates market now..

And what is driving Oil here…we guarantee those that trade it or call it, have NO CLUE what is happening to product markets or margins…..we tell you what exactly is the trade here and what will happen to China demand! PHYSICAL markets matter for Commodities, macro/spec can only run so far..

Sign up as MBCC is a 1 stop shop that looks at physical market signals and top down signals - they BOTH matter and former more so!