Get ready for $100 oil and $150 fill-ups.
— Peter St Onge, Ph.D. (@profstonge) April 10, 2024
Bloomberg blames geopolitical tensions, OPEC cuts, and Ukraine drones for soaring oil.
But given all commodities are on a tear — gold’s up 15% — the real puppetmaster is the Federal Reserve.
Now, the Fed’s frog-marching a coalition of… pic.twitter.com/oHdDl7mf78
Thursday, April 11, 2024
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