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EEH - Mental-Distancing Investing For The New Economic Paradigm
Aktiebolaget Svensk Exportkredit Elements Linked to the SPECTRUM Large Cap U.S. Sector Momentum Index developed by BNP Paribas due Augu
From the recent data and analysis occurring across multiple sources, the economic environment in which we find ourselves is looking tepid, to understate things. Dallas Federal Reserve Bank President Steven Kaplan stated in a Reuters interview that he does not expect the global oil glut to be absorbed until some time in the second half of 2021, even into 2022 if economic recovery is weaker than expected. He further expects that U.S. oil and gas producers will reduce output to 10.8 million barrels a day by year end, roughly about 2 million barrels per day