Airworld Sankey 9/21/21

By Paul Sankey Published on September 21, 2021 at 9:36 AM

Comment to my sister yesterday on life in London with my mother: “Nothing’s burning, apart from the stock market.” Oil behaved great especially as the US$ strengthened. Noted oil laggards like $EQT flat on the day. Bullish action for us “energy tranistion” folks. Regular readers will recall it is not two weeks ago we had a China expert, Ryan Haas, Brookings Institute, on Happy Hour. I checked in with Ryan yesterday, and his call. He […]

Read More

Xi-unday Sankey 9/12/21

By Paul Sankey Published on September 12, 2021 at 12:25 PM

In this note, natgas hedging exposure (oops) and a China focus. My S&P500 sentiment Twitter survey yielded a result that is spectacularly unhelpful, lol. Pretty much 50:50 bullish/bearish. All I can say is that it seems I got the categories right, given an almost exact balance between the four choices. One observation made by a major market maker to me this past Friday was that the market absorbed a ton of paper last week, between […]

Read More

Forced Labour vs First Solar

By Paul Sankey Published on July 27, 2021 at 9:09 AM

China: no Totalitarian regime has ever survived long term, much less thrived. Ex-China, just about the one remaining global totalitarian state is North Korea, which is maintained by China as a buffer. It stands in contrast to South Korea as a testimony to totalitarianism vs democracy. North Korean GDP per capita is $1,300, vs South Korea at $31,000. So the question is, when will China collapse on itself? Certainly, its demography is weak, and we […]

Read More