There Is A Huge Physical Disconnect In Energy Markets

There Is A Huge Physical Disconnect In Energy Markets

"the biggest disconnect in client conversations has been the view around oil prices from macro vs physical or specialist clients, with the latter seeing the current futures as underpriced vs. the size of the disruption."

Selling Extreme, Conviction Missing

Selling Extreme, Conviction Missing
Selling has been extreme. But this is not a market in panic. Flows are aggressive. Vol is fading. That’s not resolution. That’s confusion.

Zerohedge store image