Macro Strategy Insights

NFP and Plastics

Before we focus on NFP, let’s examine where the Iran conflict is having the most immediate effects. Chemicals, Jet Fuel, and Diesel Yes, we all talk about oil – WTI and Brent, but the most dangerous immediate threat to the global economy may be coming from elsewhere. We have put LNG ahead of Oil on our radar screen, largely due to the fact that oil isn’t as “tight” as LNG. There is more time to solve the situation in the Strait relative to oil, rather than with some other products. We updated some of this in yesterday’s Spider Web Podcast ... NFP and Plastics

To access this report, please login.
If you don’t have an account, please reach out to your relationship manager or contact us at content@academysecurities.com