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All -- has been on fire moving higher than last four days joining the company now from Chicago.
-- over -- Larry god looks like we have a date with 100 maybe -- week.
I think -- right now the pain trade for oil seems to be on the upside and not because of what you hear on the other stations where.
Risk on risk off dollar lower oil higher.
It hasn't goes on the much bigger than that Charles that -- the matter is middle classes are growing in some other countries that we don't talk about.
South Africa South Korea Turkey Poland and others.
Also I ran -- now front summer again -- nuclear capabilities.
Wolf find out soon what's gonna happen with that but.
Oil the pain trade definitely -- on the upside over the medium to long term.
You know Larry I love the things that -- just -- first of all I talk about this all the time.
The -- is on fire that there's never been this much upward mobility ever we just kind of focus on America and Western Europe with the rest of the world on fire also.
That mumble jumble -- risk off risk -- is really crappy stuff anyway.
So not just saying that this is all about the man how far can ago.
Yeah you know he can't ration demand right now -- and that's the issue I mean.
All the other stations are talking about risk congress stop -- any other.
-- the demand is getting bigger and bigger and as some had no one's covering -- -- matter is oil's gonna slowly creep up.
No matter what happens is -- -- bad today or tomorrow -- -- wanna risk off environment but that's short sighted over the long -- -- trending up.
A hundred dollars a barrel by the end of year as a as a not as a no brainer hilarious Gregg Jarrett the workers state workers in Brazil oil workers are about to go on strike soon.
What impact is that gonna hand.
Wealth and have a look a little bit short term impacts of the impact.
Where -- oil might -- today or tomorrow or the next day.
But the fact matter -- there's so many other countries that can take up the slack.
And the fact is we -- these stocking as -- globe with plenty of oil out there but is getting more expensive inspected and expensive -- extract from the ground so.
All all of -- angles -- for oil.
Marriage over from the CME thanks a lot Larry you made some great insights -- morning we've.
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