iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,449 Blog Posts

Macron Celebrated Through Sharply Higher Crude Prices

Globalism is back on track. I hope some of you retards weren’t too emotionally attached to the specter of auto mechanics uniting to rule the world. With Le Pen being routed and gutted like a pig, the recency of the nationalist movement and subsequent election of Donald J. Trump looks like nothing more than a brief sojourn in the long winding road towards dystopia. There are no arguments that can be made to suggest we’re barreling towards something better — an automated world, an incredibly shrinking middle class, disastrous demographic shifts amongst western societies that will crack everything asunder.

The world you once knew, for better or for worse, is gone. Civilization marches on to the symphonies of decadence — dazzling markets to reach new highs — bestowing gifts of capitalism upon the world, Darwinism 2.0 — the economic version.

Think about it.

WTI is up sharply, just as I expected. But copper is down 1.2%.

S&P futures are flat and Japan is in full melt up mode, higher by 1.8%

The fact that the euro is lower by 0.2% tells me the Macron win was already baked in. We’ll be trading off future expectations tomorrow, first of which is an appreciable bounce in crude. I am long ATI and OAS — my only exposure to basic materials. I’d consider a new position in CLF and CLR — if we don’t get too great of a rally tomorrow morning.

Additionally, my position in DB should continue to do well, especially now that Macron is willing and able to suck Merkel’s dick. Given the fact that Macron has an affinity for much older ladies, he might find Angela quite attractive. His wife is older than both Merkel and May, so watch out Europe, there’s a new cuckold in town ready to take orders.

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9 comments

  1. bennyhill

    At least the French are still majority intelligent humans. Meanwhile donny is coming unhinged quickly

    https://www.facebook.com/RBReich/posts/1560575160621741

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  2. stocksnblondes
    stocksnblondes

    Global populism is one of the casualties of Trump’s presidecy. His shit-show rule and unpopularity have been a huge setback to other populist movements/leaders.

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    • ironbird

      Gonna take that as a joke. The Orange God is just getting started. The quicker the fags of Europe fold into a burka sexual emergency biting a pillow the better. Think about it. Once those Commies capitulate to full castration. America First is a lock.

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  3. MSGT HARTMAN

    While you all watch the headlines, Donny is changing every stupid order Bush, Clinton, Bush, 0bama ever signed.

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  4. sweetbillyv

    He’s like Obama. Young and inexperienced at life.

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  5. Cricket

    Moar War.

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  6. moonshot

    Thoughts on how many years until we need to save France’s ass yet again?

    If they are fully converted to Islam by that point, it may not be worth saving. I expect after the takeover, immediate priorities will be burning down the Louvre, demolishing Notre Dame to make way for a mosque, and of course instituting Sharia law. Will they bother to save the vineyards? I’m guessing not.

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