Oil Just Triggered the Final Stage

Episode notes

Thanks to Monarch for partnering with me! Start your free trial and get 50% off your first year of total money clarity using my link or code euro50 for 50% Off Monarch Core tier. Oil is rebounding again and we have to ask whether it might be the final blow for an economy that was already on the edge to begin with. After all, in yesterday’s video, steve and I showed you the income data that looks just like a recession. The energy shock is turning into something bigger. It is hitting consumers through gasoline and utility bills. It is hitting businesses through transportation, plastics, chemicals, shipping, and margins. It is hitting importers through their trade balances. And because oil is priced in dollars, we also have to consider the dollar part of this. Eurodollar University's Money & Macro Analysis Twitter: I’ll also be active on Bravais Social - a new AI-centered social network designed for professionals and knowledge workers. The platform aims to bring together a wider range of tools and functionalities tailored specifically for professional interaction, research, and knowledge exchange in one place. You can find me here:

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