New money came into a lot of the commodities, especially the Grains and Softs in March, fueled in some part by a weaker dollar, and the thought that a lot of these commodities have bottomed.
The Fed Propaganda regarding Inflation is similar to Russia`s Propaganda techniques, and the financial media is brain dead to the entire media manipulation campaign.
Janet Yellen is encouraging Investors and Traders to make poor decisions in the market - we break down the stupidity she is encouraging via bad Fed Monetary Policy.
The short termism by the Fed and other Central Banks is astounding for what are supposed to be conservative economists, not rogue traders going out on a limb.
With over a 5 Million Barrel miss in Gasoline Stocks, and nearly a 3 Million miss in Distillate Stocks API really takes the cake for incompetence today, almost surpassing Janet Yellen.
Central Banks are doing the exact opposite of what they should be doing, causing the very conditions they are trying to fix through continued policy methods of ZIRP and Asset Purchases.
Who knows how to pivot from the basic news story of the day, and ask the pertinent questions that stem from said market event for the analysts to expound upon to add that next level analysis and market insight.
You literally are the proverbial Pink Salmon swimming upstream to your miserable death as many management jobs in Finance are still yet to be downsized as automation, regulation and new technology makes many existing business units within finance obsolete at best.
Central Banks have been so busy trying to improve the economy with ZIRP focusing on Inflation Targets, and Employment levels that they dropped the ball and created the biggest bubble in financial markets in the history of financial markets in the bond markets.
There are so many components to properly analyzing the oil market, then you have to prioritize said components, to ultimately make money in the oil market.