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Crude rallied on the news. Producers are long futures. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Crude rallied on the news. Producers are long futures. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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| Crude rallied on the news. Producers are long futures. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
This higher oil price sux. In Australia it's costing me over $100 to fill up the car. ):
In BC Canada, it's costing me $210.00 to fill up my work truck. 30 imperial gallons.
@Island Guy woah
I bought a hydrogen ETF. I foresee nothing but growth long-term. Oil companies are investing in hydrogen.
You're hilarious…… I hope this is satire… The energy metals market – batteries – is essentially over in 5-10 years. Japan has, and always had hydrogen motorcycle, car, and turbines. Engines are over. Generators and electric motors. — No batteries… Hybrids are far less than all batteries…. the fact of the matter is Hydrogen, is everywhere where there is water… oil is not… The green new deal folks aren't even barking about Hydrogen, only ReNeWaBlES. Welcome to the show.
@First Last are you being sarcastic?
why can't the FED print the crude?
They can.. check out gld. ?
You've said multiple times that the inflation narrative was overdone, and prices will come down in the first quarter of next year. How can that be the case if oil is going to go up and rates are going to go up?
Wait a little longer and he'll flip flop again. He's been completely wrong about the inflation, often making fun of Michael Burry, who's been warning about the rising inflation since April last year.
Oil is down like 11%.
I've been saying the current "inflation" is a result of pandemic driven supply chain issues that are starting to abate.
@Mike Norman MMT Economics You've consistently ridiculed people who were predicting increasing inflation.
I was convinced by your arguments, so I'd be disappointed (and confused) if you're now saying that supply chain-related inflation is going to be replaced by inflation caused by other factors.
To the vast majority of people, inflation is inflation.
An 11% drop in oil doesn't prove your argument, if it's just a pullback and its going to continue the uptrend.
Turkish lira bombed after their rate cut. We should expect the lira to rise in a week or two.
Hello brother
I am expecting oil to hit life time high
If it’s stays above 77.77 as
predicted earlier
If Brent crude oil doesn’t hit life time high
Fed n the central bank can’t print money
N this will lead to the dollar crash ?
N the market crash n the everything bubble burst ?
See the lira I still predict it will be under pressure as long as the dollar stay strong
Dollar is strong due to storing oil
Otherwise biggest bank in the world will be screwed up
Biden should provide loans to frackers to boost oil output in us and this will drop prices. He should keep it up until they cry uncle!
Good try Mike, but you are trying to educate people who would rather die than change their minds!