QVMS - Questioning The Already Questionable State Of Global Demand

• We may not know what the newest COVID variant holds, but it may not actually matter. The economy is already questionable and has been more and more for quite some time already.
• In other words, the issue at hand isn’t necessarily omicron nor really a “growth scare” grown more scary by another possible round of the pandemic.
• The market is, right now, further questioning the demand side of the physical price formulation - and it is doing so on top of substantial questions about demand which have been lingering around for more than half a year so far.

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