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Inflation

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Hmmmmmm. Fake news or fake jobs?

let's be polite and say some employers aren't desperate to fill places

would they place ads for other motivations ( pick-up insights into rivals , for example ) maybe

sussing out the workers for future expansions , maybe not currently , ( but maybe harvesting business ideas from applicants )
 

JohnDe

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Goldman Sachs now believes crude won't be able to break 100 this year..... deflationary....

Oil demand and pricing has not played the same inflation game that it has in the past, this has thrown many off the track.

We are seeing a pattern develop where oil is falling in price, partly reflecting the restrained global growth outlook. In contrast, many mineral prices are rising.
In time, we are going to replace oil energy with minerals as we move into an era of electrification.
The replacement starts with conventional minerals like copper nickel lithium and cobalt.
The new electrification facilities will require steel, which may be made differently. Uranium also joins that mix.
But we are also learning that a series of minerals which we currently classify as rare earths will become essential in new technologies not only in generating energy but in medicine.
No country in the world is better placed to benefit from this trend than Australia, but we haven’t yet woken up.
 
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Oil demand and pricing has not played the same inflation game that it has in the past, this has thrown many off the track.

We are seeing a pattern develop where oil is falling in price, partly reflecting the restrained global growth outlook. In contrast, many mineral prices are rising.
In time, we are going to replace oil energy with minerals as we move into an era of electrification.
The replacement starts with conventional minerals like copper nickel lithium and cobalt.
The new electrification facilities will require steel, which may be made differently. Uranium also joins that mix.
But we are also learning that a series of minerals which we currently classify as rare earths will become essential in new technologies not only in generating energy but in medicine.
No country in the world is better placed to benefit from this trend than Australia, but we haven’t yet woken up.
remember the US strategic Reserve is still methodically being drawn down ( instead of being replenished )

Australia won't be waking up , too many policy-makers are brain-damaged from excessive alcohol consumption at the cheap watering holes around Canberra ( and others spots ) .. at least Peter Slipper's wine-tasting tours are off the tax-payer expense list
 
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remember the US strategic Reserve is still methodically being drawn down ( instead of being replenished)
Are you sure about that?
Whitehouse announced in October last year they would start replenishment at $67-72 range.
WTI is now in range.
Jan SPR data out at EOM March, so it's a terrible lagging index.


There was a 2 million barrel release in January (some minor issue), but I believe they bought 3 MBS back into reserves in January also.
 

over9k

So I didn't tell my wife, but I...
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Are you sure about that?
Whitehouse announced in October last year they would start replenishment at $67-72 range.
WTI is now in range.
Jan SPR data out at EOM March, so it's a terrible lagging index.


There was a 2 million barrel release in January (some minor issue), but I believe they bought 3 MBS back into reserves in January also.
Brealibg news: politician does not keep promise. Event is unprecedented.
 
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Pre-market is buoyant, who knows where they'll close by EOD.

Market must be pretty confident about JPowell's next move.

Historically, the Fed has cut whilst CPI continued to rise, so there is precedent. Interestingly, when the yield curve inversion reverses, the Nasdaq tends to head to new lows. Fascinating.

1679401610208.png
 

over9k

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4552452562464643643.jpg

Still pricing a 25, but look at the nosedive in response to all this bank carryon. Fastest/biggest (proportionately) ever.
 
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Are you sure about that?
Whitehouse announced in October last year they would start replenishment at $67-72 range.
WTI is now in range.
Jan SPR data out at EOM March, so it's a terrible lagging index.


There was a 2 million barrel release in January (some minor issue), but I believe they bought 3 MBS back into reserves in January also.
well the reserve reports have always been selective ( none dare suspect deliberately timed to manipulate prices )

one would think with the anti-China rhetoric going on , those reserves would now be full , but are they , are they still being drained to combat inflation ??
 
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