Jim Bianco
@biancoresearch
Macro investment research at
Our total return index is at
The ETF WTBN tracks our Index.
biancoresearch.eth
가입 September 2010
1.5K 팔로잉 중 781.7K 팬
I give JP Morgan credit for acknowledging this.
Much better than making things up, like I'm sure a lot of others are doing.
BREAKING: For the first time since the Iran war began, JPMorgan says it no longer has a baseline view on oil, writing "we simply don't know how to model the endgame," and that the assumption that the Middle East disruptions are temporary is "becoming increasingly difficult to sustain," per JPMorgan Global Research.
The bank says it had assumed there were economic red lines the Trump administration would be unwilling to cross, and that six months later "many of those lines have been crossed, yet the exit strategy is less clear, not more."
Chevron's CEO said this week the Great fuel crisis has officially arrived, as Trump officials continue to claim the disruption temporary.
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