as one of mmps points becomes more a central focus of traders its importnt economic growth doesnt slow too much.
Need gdp US to hover arnd 3, china gdp to hover around 6.5, europe to pick up etc. Front and centre is US china tradewar - now that point doesnt automatically lead to growth but its an overhang and we know from rsch that its costing US billions a month and if tariffs stay on a trillion hit over ten years.
If growth picture becomes rosy thats going to be a big lift to oil - Question is is that realistic??? Time will tell
SEA Price at posting:
35.3¢ Sentiment: Buy Disclosure: Held