These are just snapshots of the Monkey's Market Minute daily newsletter. Subscribe to TFM on GiveSendBro or Subscribestar to access the entire content.
Disclaimer: Never take investment advice from strangers on the internet, especially monkeys.
September 5th, 2022
Europe is calling for price caps and “suspension of power derivatives trading” as part of their latest attempts to do anything but abandon climate change or take the “L” in Ukraine. This would mean the closing down of the futures market, and before you decide to jump to energy stock, they’re also considering windfall taxes on energy companies. […]
September 6th, 2022
OPEC announced production cuts in October, and can you guess who was against it? Russia! However, this “cut” is largely symbolic because it’s not like OPEC was meeting its existing quotas in the first place. […]
September 7th, 2022
The EU is discussing two different schemes to establish price controls for energy. I don’t want to explain why price controls always fail and create shortages because you should have already read Basic Economics by Thomas Sowell, particularly chapter 3 on price controls. […]
September 8th, 2022
Why did oil and gas sell off? Was there some massive report showing inflation was tamed, that demand was falling, that the economy was crashing, or that supply was increasing? NOOOOOOO! It was nothing! It was the same old “muh recession, muh demand destruction” bullshit. […]
September 9th, 2022
First, the UK has unveiled its price caps on domestic energy, and contrary to my fears, they aren’t committing economic suicide and trying to demand suppliers provide electricity below the market price and inevitably bankrupt and nationalize them, the government is simply going to pay the bills behind the scenes and effectively subsidize the energy bills of the ENTIRE COUNTRY with printed money. […]
Subscribe to TFM on GiveSendBro or Subscribestar to access the entire content and receive daily updates.