| Stocks won't bottom until panic gets more extreme, BofA's Stephen Suttmeier suggests | | |  | TUE, AUG 20, 2019 | | |  WATCH LIVE TUESDAYS AND THURSDAYS 1PM ET | | SPONSORED BY |  |  | | | | | 1 | Wall Street bear David Rosenberg warns strong U.S. consumer spending is a bubble waiting to burst | | | 2 | Dollar near 2-year highs as investors shake recession fears | | | 3 | Trader bets on a bigger crude crush ahead | | | | | | | | | WHAT ANTHONY IS WATCHING 8/20 | | Crude oil is losing its mojo. The highs are getting lower and the market is rapidly approaching the end of seasonal demand. The Saudi's have announced a plan to limit production, but as always with them actions speak louder than words. There might be some validity to their claims this time as the want to go forward with the IPO of ARAMCO in 2020. But U.S. producers hold the wild card and with the completion of additional pipelines in the Permian basin, the bottleneck of supply should see some relief and additional production could be down the road. Would sell rallies close to $58 as I believe the market could test the $52 area again. | | THURSDAY, AUG. 22 | Jeff Mills, Bryn Mawr Trust chief investment officer
| | | | TUESDAY, AUG. 27 | Ben Emons, Medley Global Advisors Global Macro Strategy managing director
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