Submitted by Tyler Durden
The March Brent Crude contract has just surpassed $100 for the first time since October 2008. Surely nobody is worried about monetary policy and Middle East contagion. After all, this is just throwing darts at the next disinflationary target.
And just to demonstrate how successful Genocide Ben has been at whatever his agenda is, below we present the ICE gasoline contract, which is only relevant for those who drive, use transportation, buy food, ship stuff or travel. Nobody else will be affected. It also confirms that disinflation reigns supreme.