Markets remain volatile, but the S&P 500 is up well above the Ukraine Invasion low and it has recouped all the losses since the week before the invasion. There’s always something to fear and right now a lot of people are concerned about the “petrodollar”. As I’ve discussed years ago in the blog and justContinue reading “PETRODOLLAR has limited economic impact”
Tag Archives: Petrodollar
US Petrodollar GAP
I anticipate global markets to break out of their multi-year growth stagnation for several reasons. Over the past twelve months, it appears that commodities, energy, and interest rates have all reach a bottom. That’s good news. The remaining significant market factor that has not yet confirmed a low is China’s economic slowdown. Assuming China canContinue reading “US Petrodollar GAP”
It’s still all about Oil
Is the market about to make an all-time new high? I remain skeptical. Ignore Q1 earnings announcements that will be trickling out over the next two weeks. The slack in US and global economies is the result of two related factors: Oil Glut & China Slowdown. Neither of which are easily resolved. Note the belowContinue reading “It’s still all about Oil”