At the beginning of 2017, we predicted that strengthening fundamentals would drive the oil price to near $60 a barrel by the end of the year. While our expectations were met, the market proved reluctant to react.
It took the oil price until the end of June to react to the rapidly improving fundamentals and it took the stock market until the end of August to start its ascent. However, looming risks to the global...
The US dollar is close to peaking and the risks now seem to be on the downside.
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