Andy Xie Quotes
The answer, I believe, is that there are too many oil traders engaging in oil price speculation. They will likely keep prices up until an oil market collapse. That day is not too far away, I believe. 
Tweet
Answer | Traders | Engaging | Price | Speculation |
comments powered by Disqus
I believe that the current dollar adjustment is cyclical.
- Andy Xie
I experienced the effect firsthand on my return flight from London to Hong Kong last weekend... There were three passengers in my cabin -- a 10 percent occupancy rate at best. Hong Kong's restaurants are mostly empty. It is difficult to enjoy a meal with masked waiters tiptoeing around in silence. If you want to frighten people in Hong Kong, just sneeze.
- Andy Xie