
MacroVoices #371 Larry McDonald: Fed Will Be Forced To Cut By The End Of The Year
Macro Voices
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The Role of the Oil Majors in the Oil Market
The amount of natural gas and oil and gas that the smaller companies have in reserves relative to their market cap is, is much greater than previous cycles. And so what this is setting up for is one of the most impressive, most historic regime changes where the oil majors are generating tons of free cash flow.
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