Post by
marketsense on Jun 01, 2023 10:19pm
Risk
First I can't figure out why my pc( its a MAC) is locked on enlarged lettering and long
indentation whenever I type a post. I have to manually adjust it each time to format
it in one line small print paragraphs. Very annoying and sometimes I forget. When typing its normal but when posting it goes into some previous locked mode. Weird.
My post tonight really is dealing with market risk. I am still long on one oil position
but I can't see staying in for much longer. Experience has covered this in his posts
but it bears repeating if I understood his reasoning correctly.
If we go into a recession, int rates will drop but I'm wondering about int rates rising
and then being sustained at higher levels. With the amount of Fed and consumer debt, higher rates will bring on bankruptcies as well as consume more gov't revenue andsubtract from GDP on the Federal level. In either case its seems a difficult environment to sustain high oil prices. Low int rates because of a recession versus high int rates because of liquidity issues over massive treasury offerings that are going to flood the system. None of these options are market friendly. It isn't going to be oil friendly either. So I'm building up cash for safety but not sure yet what to do with it.