Market Analysis for Trading on 9/29/2016

Mish Schneider | September 29, 2016

The Market Stands at a Frontier “OPEC said to Agree on First Oil Output Cut in Eight Years” Bloomberg. Not exactly as old as this vintage gas pump, a united OPEC does appear as an anachronism. Said to agree as in we agree to agree but what exactly do we agree to? That’s the cynical side of my analysis. Nevertheless, a deal reportedly has been reached for November. “Sources” say OPEC will limit output to

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