CRUDE OIL - Pray for Lower 🙏
Correlations:
Expensive energy = Inflation
Inflation brings Rate Hikes and tightening
Rate Hikes affect economic Growth
Less Growth brings Recession
= Expensive Oil means Indices Lower
ps. Indices Lower = BTC and Crypto also Lower
Keep our eyes on Oil.
One Love,
the FXPROFESSOR
Expensive energy = Inflation
Inflation brings Rate Hikes and tightening
Rate Hikes affect economic Growth
Less Growth brings Recession
= Expensive Oil means Indices Lower
ps. Indices Lower = BTC and Crypto also Lower
Keep our eyes on Oil.
One Love,
the FXPROFESSOR
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