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Doh! Ha! – A Tale Of Two Correlations
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / Via Macro-Man blog / 04/18/2016 10:00
Your view of the broader significance of this weekend’s failed Doha summit directly relates, in all likelihood, to your pre-existing view on asset markets. If you are of a bearish mindset, then of course the failure of oil producers to freeze production is bad news, and renders predictions of “supply/demand balance by H2” as little more than a wishcast. The implication, it need not be said, is bearish for risky assets. If you’re more constructive, on the other hand, it’s easy to say that many asset markets have shrugged off tepid growth and lousy earnings and negative rates for awhile now…why shouldn’t they continue to do so?
Macro Man was fortunate enough to sit in on a debate between two well-known commentators discussing the weekend summit. They generously allowed him to record it and share with readers, who can listen via the soundcloud below:
The post Doh! Ha! – A Tale Of Two Correlations appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/04/18/doh-ha-a-tale-of-two-correlations/
