Tillerson just sacked ... how will market react?

Tillerson was just sacked! I was just getting excited about the market today because of the inflation report ... just opened, and not sure what the reaction is going to be. 

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I don't know what will be with market today, but  here are the top officials in the Trump white house who have left (before Tillerson)

 

staff-desktop.jpg

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right, another MAJOR announcement that went down on Twitter: 

no perceptible market reaction to this announcement yet as far as I can see

Screen Shot 2018-03-13 at 9.49.35 AM.png

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13 minutes ago, Pavel said:

I don't know what will be with market today, but  here are the top officials in the Trump white house who have left (before Tillerson)

 

staff-desktop.jpg

I sense certain disbelief from the guy on the painting above

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"Trump: I made decision to oust Tillerson 'by myself'"

You have to wonder why he would say this, right?

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Right but how would he otherwise use words I, me, myself in this case? 

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2 hours ago, Seleskya said:

Tillerson was just sacked! I was just getting excited about the market today because of the inflation report ... just opened, and not sure what the reaction is going to be. 

USD, for starters

 

Screen Shot 2018-03-13 at 11.55.43 AM.png

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it's like a buffet of firings!

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I have to hand it to Trump for keeping things so much more interesting than pretty much anyone before him.

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But back to the original question, I think the markets responded mostly with apathy. 

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Well there is no reaction from the market, yet. Oil market is still focused on supplies. But his exit could create big implications for the global oil market. We have to see what will happen with Iran and Venezuela. 

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2 hours ago, Adam Varga said:

Well there is no reaction from the market, yet. Oil market is still focused on supplies. But his exit could create big implications for the global oil market. We have to see what will happen with Iran and Venezuela. 

I guess, but largely I think the world is unphased by the rash of firings. Perhaps Pompeo's actions with regards to Venezuela or Iran may have implications, but Tillerson's exit itself is probably not going to move the needle much.

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One is related to another.  If Tillerson didn't exit Pompeo wouldn't be on his place. 
 

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On 3/14/2018 at 5:05 AM, Marina Schwarz said:

I have to hand it to Trump for keeping things so much more interesting than pretty much anyone before him.

Survivor-White House

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Just now, 李伟王芳 said:

Survivor-White House

Naked and Afraid- White  House

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2 minutes ago, 李伟王芳 said:

Survivor-White House

I just shot coffee out of my nose.

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"The Apprentice--White House"

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How about Fortnite? They should offer a new mode (they update every week it seems with new modes) where the 100 participants are actually the 100 closest people to P. Trump. Last man standing wins. 

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xD See? Exactly! White House's Got Talent. 

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4 minutes ago, Missy said:

"The Apprentice--White House"

image.jpeg.5696d88811a7ea03c3c5b63c7e282070.jpeg

old habits die hard

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On 3/14/2018 at 1:34 PM, Adam Varga said:

Well there is no reaction from the market, yet. Oil market is still focused on supplies. But his exit could create big implications for the global oil market. We have to see what will happen with Iran and Venezuela. 

Analysts are predicting the potential for up to a 1.4 bpd loss in oil production upon Pompeo's taking over for Tillerson from Iran and Venezuela.

There are a lot of "ifs" here. https://www.platts.com/latest-news/oil/washington/us-foreign-policy-turn-could-take-14-million-26913777

 

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Well, look, Venezuelan production is going to implode all on its own, without the help of Pompeo's policies. 

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