How would you classify populist anti-establishment movements like Donald Trump’s presidency or Brexit?
To me these are also a kind of mutiny, in that their proponents are motivated more by a sense of grievance that the system is not working for them than a specific idea of what the system should look like instead.
I notice that financial markets are pricing crude oil futures for delivery a decade from now lower than for delivery next month. https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html
Do we think that:
There is a trading opportunity here, because oil prices will actually increase over the next 10 years but that is not (yet) predicted by financial markets.
Oil prices will increase in the long term, but not in the next 10 years
Something else?