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Divergence between the market and the Fed is a serious problem

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Outlook: We are about to revisit the economics of cartels in real time. A forest of trees has been sacrificed on this topic, with wild fear of OPEC during the 1970’s giving way to snarky snipes at the inability of OPEC to enforce quotas. Both aspects of the OPEC cartel are true and useful. The Qatari and Venezuelan oil ministers will meet with Iran tomorrow to try to bring Iran into line with an output freeze, but this is entirely against Iranian self-interest. Even if Iran pretends to agree

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