Detailed view for this entity.
“Oil of $100 a barrel could push consumer price inflation from 2.4% in this year to January to above 4%.”
“It was going to be four to five weeks and that's why oil wasn't done going up. Okay? So, put that in your narrative. Why? I mean, that's that's exactly what just happened.”
“The two things that were bearish trend for most of last year uh are now bullish trend. Oil and egg. Energy and egg.”
“Our signal is multiffactor, multi-duration, and it's smart. It knows where the volume is and the price moves. This now has immediate term upside just north of 74 on the risk range.”
“upside volatility still volatility. Yeah, that's why I'm saying do not buy oil today, okay? Do not certainly don't buy it where it opened up 13%.”
“And if in that environment you see oil going to $200 a barrel, demand is going to fall off a cliff because the average Joe, his wages aren't going to go up even though prices are. And that leads to an economic recession, if not worse.”
“But by the second year, that's roughly quadrupled. The effect on inflation is more like 0.6% for every 10% shift in the underlying oil price.”
“Late on Sunday, oil prices rose by the most in four years, exceeding $80 a barrel. How much higher they go now is down to two things.”
“The Russians are one of the big beneficiaries of the US attack on Iran as Russian oil goes to fill the gap of Persian Gulf oil.”
“The Russians are one of the big beneficiaries of the US attack on Iran as Russian oil goes to fill the gap of Persian Gulf oil.”