RetroFed Forums
Your home away from modern life.
JP Morgan struggling to forecast oil prices due to US-Iran war
Post Reply
AuthorMessage
Rimu piefed.social rimu@piefed.social
Joined: 2024-01-04
Quote

Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that "we simply don't know how to model the endgame".

Analysts said with "no clear signals" of the war de-escalating, the assumption that global oil supply disruption was temporary is "becoming increasingly difficult to sustain".

26   Original
Zachariah lemmy.world Zachariah@lemmy.world
Joined: 2023-06-13
#2 · Quote Reply

all according to plan

2
trebach sh.itjust.works trebach@sh.itjust.works
Joined: 2026-08-10
#3 · Quote Reply

No one does because Trump is part of it and he and rationality are not on speaking terms.

2
hendrik palaver.p3x.de hendrik@palaver.p3x.de
Joined: 2021-08-21
#4 · Quote Reply

I still remember Trump saying the war would be over after a week. Then he said four to five weeks and posted some AI memes about the awesome and superior US military...

Only good investment strategy probably is to buy an electric vehicle. I heard here in Germany every third new car is an EV. And I bet that number is limited by supply.

4
Post Reply
Back to top