The Market, Energy, And Political Page, T+67 -- August 6, 2018

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Title : The Market, Energy, And Political Page, T+67 -- August 6, 2018
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The Market, Energy, And Political Page, T+67 -- August 6, 2018

Tariffs: News readers on CNBC are slowly turning, admitting that "free trade" means a) zero tariffs; and, b) zero non-tariff barriers to trade. They cited Harley-Davidson this morning whose CEO has said global tariffs are a significant problem for the company.

Market: it could be a good day on the market -- certainly for some stocks. Berkshire is up over 2% in pre-market trading -- reflecting its surge in profits on the back of its AAPL holdings.

WTI: up over 1.4% -- now solidly above $69 again, and headed back toward $70. John Kemp suggested we were in "severe backwardation" in a tweet in late June.


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