All time high in US economic confidence is belied by apparently plunging demand for gasoline.
Zero Hedge
Goldman Stunned By Collapse In Gasoline Demand: "This Would Require A US Recession"
Tyler Durden
An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
OPEC spare capacity set to reach levels last seen in the depths of the financial crisis in 2009, analysts say...The Telegraph (UK)
One piece of the jigsaw puzzle is missing to complete the deflation landscape across the West: a slide in oil prices. This is becoming more likely each month.