Strangely, I’ve never met or spoken to a Trump supporter. Maybe, like some Brexiteers, they don’t travel abroad or talk to foreigners. Friends in the US were texting and Facebooking their angst then, last night, their delight at the eventual result and good luck to them. What does it all mean for us? A probable positive for stock markets, which prefer a somewhat more predictable office-holder. Not great for us, I’d say, as Biden’s on the ‘have you taken leave of your senses’ side on Brexit and, like many great people, has Irish roots. Rock on, Joe.
“Oil markets prepare for lofty prices and restrained supply”
Plus ça change and tout ça. Many thought a positive by-product of Covid might be the fuller-throttle demise of fossil fuels. Alas no, looks like supply and demand alone won’t make all of us and our friends electric. Even though Trump won’t be reopening the coal mines...
