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“$10 Diesel by December” - JPMorgan Has No Clear Oil Endgame Due to War in Iran
Published 1 week, 5 days ago
Description
For the first time since the Iran war began, JPMorgan's oil analysts are admitting they can't predict where the market is headed. In a note to clients, the team led by Natasha Kaneva wrote, "We simply don't know how to model the endgame”, a stunning admission from one of the most powerful forecasting operations on Wall Street.