Apparently, the immediacy of a surplus trumps geopolitics, for a day or two anyway. The next two days will focus on stockpiles and moderating weather, then, as the weekend approaches, the focus will widen again to the world.
Quotes about geopolitics (4 Quotes)
Geopolitics ought to be something in the forefront of everyone's minds. The developments in Iran and the sort of related energy issues with Iraq, Venezuela and Nigeria are all areas that need to be paid attention to very closely, with the tone of current events impacting the crude market, which is likely to impact both fixed-income and equity markets.
The big picture is still that 10-year yields are up 100 basis points (1 percentage point) in basically a month, so to see a 5- or 10-basis-point pullback is not a big deal. It's just a wiggle on the charts. You will get wiggles here and there, and whether it's driven by surprises in economic data, or in geopolitics, oil prices or stocks is anyone's guess.
The X Prize is about changing paradigms. The current paradigm is that it's perfectly acceptable to drive a car that only gets 20 or 30 miles per gallon. This prize is about leveraging cash and opportunity to effect positive change in the environment, economy and geopolitics.