https://www.reuters.com/article/us-oil-opec-russia-novak-2020/russias-novak-says-opec-may-consider-ending-oil-output-cuts-in-2020-idUSKBN1YV0HY
I've stated this a few times on my blog below.
http://sg-stock.blogspot.com/2019/12/the-wall-street-analysts-are-starting.html?showComment=1576822097373#c7821513851698794977
Let me surmise again.
1. Tltro II will expire in March 2020.
2. ISM PMI reported its first contraction for August (Below 50) in September. The US recession may happen at the earliest 6 months later which is in March 2020.
3. The Republicans want to remove its President by March 2020. Nancy Pelosi just needs to get some Republicans to deflect to impeach Trump.
4. The opec+ will end the oil production cut in March 2020. This will affect the US shale oil industry because the US has been gaining the oil market share at the expense of opec+.
All these events are pointing out that March 2020 will be a turning point for the US.
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3 comments:
It's quite obvious that Trump will not get removed from office if you've been following the US news.
https://sg.news.yahoo.com/donald-trump-impeachment-call-block-224914418.html
It is proven beyond doubts that Trump is guilty as charged. The question is whether the Republicans will want to continue to protect a rogue president or protect the integrity of the Republicans.
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