In last week’s WWW, we suggested thinking about the possible positive outcomes that could arise from this New Cold War between the US and China

A recent article claimed that Zoom was worth more than the whole of the US airline sector. This is not of course true, but it is interesting for other reasons, not least because we have recently discussed both areas.

This is of course almost exactly the situation in the NHS with Personal Protective Equipment. (PPE) The irony is that the procurement side of the NHS has historically been seen as the gold standard globally since its very size means that it is able to strike a very hard bargain on drug pricing.

The market is dealing with two major uncertainties – the actual nature of the Covid-19 virus and the impact that it will have on the global economy, or more specifically the impact that the efforts made to deal with the virus will have on the global economy.

After this week’s fun and games in the Oil derivatives markets, we should not lose sight of the underlying pressures in the oil patch.