After more than three decades of bringing products to market, I’ve learned there is a huge difference between what the headlines say and what is actually happening on the ground.
Markets often react to emotion first and fundamentals second. Just because oil prices dropped doesn’t automatically mean supply is abundant or demand has disappeared. The physical world moves much slower than the trading screen.
I’ve seen the same thing in manufacturing. A chart may say one thing, but factories are still ordering, suppliers are still investing, and companies with a long term vision keep building while everyone else is reacting to today’s news.
The people who win rarely chase headlines. They watch the underlying fundamentals, stay patient, and continue executing the plan.”
Exactly this, Eddy. Three decades of real-world experience beats any headline. The physical market is still tight, inventory is 7% below average, refineries at 96%. Price is just reacting to speed, not fundamentals...as it has been the case for the last 4 months
The screen panicked. The refineries kept running at 96%. One of them was wrong....
Right Robert, the screen panicked but the physical market didn't blink...we can say that the market sold the narrative, not the reality.
After more than three decades of bringing products to market, I’ve learned there is a huge difference between what the headlines say and what is actually happening on the ground.
Markets often react to emotion first and fundamentals second. Just because oil prices dropped doesn’t automatically mean supply is abundant or demand has disappeared. The physical world moves much slower than the trading screen.
I’ve seen the same thing in manufacturing. A chart may say one thing, but factories are still ordering, suppliers are still investing, and companies with a long term vision keep building while everyone else is reacting to today’s news.
The people who win rarely chase headlines. They watch the underlying fundamentals, stay patient, and continue executing the plan.”
Exactly this, Eddy. Three decades of real-world experience beats any headline. The physical market is still tight, inventory is 7% below average, refineries at 96%. Price is just reacting to speed, not fundamentals...as it has been the case for the last 4 months