We are seeing a bear market in many commodities. Metals and ag commodities are dropping over 20%. Recession signs are building up! But I want to focus on one chart. The lifeblood of the economy: oil. Oil prices recently dropped below $100 before bouncing. Will this be a dead cat bounce? Or will oil prices remain elevated? Peak inflation could be near!
This one chart is telling us inflation is peaking! – Chart Attack Video
We are seeing a bear market in many commodities. Metals and ag commodities are dropping over 20%. Recession signs are building up! But I want to focus on one chart. The lifeblood of the economy: oil. Oil prices recently dropped below $100 before bouncing. Will this be a dead cat bounce? Or will oil prices remain elevated? Peak inflation could be near!
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