Fed to lend to CB’s in unlimited quantities (day 2)
October 14, 2008 at 10:38 AM EDT
[Skip to the end] I’m keeping an eye on crude prices rising a lot more than the USD is falling, so I suspect the great Mike Masters inventory liquidation has run its course. Inventories are at record or near record lows. If there has been net demand destruction it hasn’t yet showed up in OPEC or [...]
