Demand destruction gallery

By licking our index fingers and pointing them up to the sky we feel that the upward trend in the commodity prices will only be reversed by demand destruction.  Demand destruction is hard to quantify and simply put enough data points have to exist for market psychology to change.   

One of the things that made me more nervous than weak supply and demand fundamentals was the amount of time and energy was used to talk about high oil prices.   The more the herd got involved the less comfortable the feeling of being involved, specifically the long side. 

Theories, theories, theories.  Where will it come from?  What will it be?  Will we see it?  Will we be able to explain it?   

Welcome aboard:

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• Morgan Stanley chimes in
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