Postcard from Mexico 7/11/21

By Paul Sankey Published on July 11, 2021 at 4:11 PM

Things in Morelia, Michoacan, Mexico, are okay, the upper-middle-class here do not like Mexican President Andrés Manuel López Obrador (AMLO) but ultimately, as we know, do politicians make a difference? Yes and no. Things are never as bad as you fear, and never as good as you hope. Broadly speaking, thinkgs are okay. Mexico has a major population – 127m – and huge natural resources, particularly we note agriculture, major wealth. There is a large […]

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Viernes Sankey 7/9/21

By Paul Sankey Published on July 9, 2021 at 12:03 PM

It was the optimum Happy Hour last night, with two expert witnesses, Kathleen Kelley and Jan Stuart, both highly tenured oil market experts, and a mix of long-only and long-short investors, mutual fund and hedge fund. We were also spread across the globe from Amsterdam to Mexico, with Kathleen struggling in a New York flash flood situation that resulted in a viral video of a lady wading into waist deep water to the NYC Subway. […]

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Friday Sankey 6/18/21

By Paul Sankey Published on June 18, 2021 at 8:42 AM

Fun fact: Australia’s biggest export is boomerangs. It’s also their biggest import. What actor could never play Quasimodo? Humpfree Bogart Doctor: Your body ran out of magnesium. Me: 0mg. The urge to sing The Lion Sleeps Tonight is just a whim away. A client writes: Paul! One day doesn’t make a market, but your next letter can’t come soon enough. Is the run in oil done? Dear clients, Key bear triggers were twofold yesterday. First, […]

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