This is truly orchestrated. Do not believe anything other than what you see on the surface.
Portuguese yields are soaring, up 150 bps, above 8%– thanks to something we already knew about that no one really cares about.
Egypt is readying to throw hard liner Muslims into the Suez canal to drown and oil is soaring, as a result– just in time for summer!
Pardon my sarcasm.
Refiners work under these conditions. Watch the Brent-WTI spread. If it widens, buy WNR, HFC, DK, ALJ and CVI with both hands and testicles.
May the French fry eaters in Portugal die hard.