The Emperor Has No Clothes: Oil, AI & What Breaks Next

Podcast: The Noble Update Podcast · George Noble

Opublikowano: 2026-10-15

1. Strategic Actions and Decisions * Maintain a heavy 50% allocation to energy trades: The risk of escalation remains elevated, physical inventories are depleted, and supply continues to lag behind demand. * Re-evaluate Petrobras (PBR) as a buy following political re-rating: The stock offers upside toward $30–$35 due to favorable election runoff dynamics, capital rotation, and strong underlying fundamentals despite past governance discounts. * Capitalize on Methanex (MEOH) undervaluation: Take advantage of severe global supply constraints resulting from blocked Iranian methanol exports and low US feedstock gas costs, which set up a strong upside re-rating. * Trim gains in...