Middle East and Ukraine Wars, US election and China’s slowdown threaten ‘October surprise’ for markets
The real “October surprise” for markets might be to find out that central banks are powerless against today’s major geopolitical risks.
The real “October surprise” for markets might be to find out that central banks are powerless against today’s major geopolitical risks.
Oil market developments need very careful attention. If prices do now fall below $50/bbl, then central banks will likely rush to make major cuts in interest rates. And that will make deflation even more likely.
Deflation risks rise as OPEC aims to regain market share and cut oil prices Read More