BLOOMBERG Bloomberg July 4, 2024
Guy lets see what is happening. Stocks are higher in europe. We are getting a lift from italian banks, which bounced back after being hit yesterday. The Italian Government may be backing off on the windfall narrative. But european gas at one point was up by 40 . This is a story that relates to shortages out of australia as result of industrial action, but this is the fear, that we can seek shortages this winter. This is highlighting that risk again. It is going to feed into the inflation narrative. It could be something that comes back again this winter as a big problem. This is a competitor t...