Many crises have a common phenomenon – overheated asset. When a certain value causes a stir in demand, it is sold much more expensive than its real value. When the price approaches a figure that is unacceptable to potential buyers, the market hits the price. There are fewer people who want to buy an asset, sellers lower the bar, but it does not help. Panic sale replaces the hype demand. This continues until the price bounces off the bottom and goes up, but is no longer at this rate.
published Feb 4, 2018, 1:51:30 PM, by Nick Wadhams and Jorgelina do Rosario (Bloomberg) — The Trump administration is weighing restrictions on Venezuela’s oil exports and the sale of U.S.-refined petroleum products to the country, but it is wary of the damage that may cause to American companies, Secretary of