Market News Round-Up Reports
Overbaked – Part II
16 May 2023Overbaked – Part II
It was neatly outlined in yesterday’s note why our cynical selves would be inclined to make a considerable downward revision in oil prices – simply because the underlying overwhelmingly bullish fundamental backdrop is being overlooked for now and economic anxiety caused by high borrowing costs, brewing credit and debt crises makes investors wary and risk-averse.
