Joe Biden, Oil Trader of the Year 2022?

♠ Posted by Emmanuel in at 12/20/2022 10:36:00 AM
Of all people, Joe's got the magic touch with petroleum?The endless number of foiled speculators attests to the difficulty of realizing the old adage about how to make money--buy low, sell high. Let's face it: ever-changing markets often result in us doing quite the opposite, and not making money in the process. Now, whenever we are asked to think about who are the least savvy market participants, we often identify governments--or more specifically, government officials. Not being keen market watchers with limited skin in the game--it's taxpayer money they are officially dealing with, not theirs--this sentiment is understandable. Well...