Oil Just Triggered the Final Stage
About this episode
The episode discusses the potential economic repercussions of rising oil prices and their impact on consumers and businesses.
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 https://monarchmoney.yt.link/k4lMFDZ 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 https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU 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…
People in this episode
Host: Jeff Snider
Topics covered
- oil prices
- economic impact
- recession indicators
- energy shock
- consumer effects
- business margins
Sponsors
Monarch
Mentioned in this episode
Organizations: Eurodollar University, Bravais Social
More episodes of Eurodollar University
- ALERT: Gold Is Getting Liquidated, Here’s What You Must Know
- OMG! Global Central Banks Just Hit the Panic Button (All at Once)
- What Is the Credit Cycle, And Where Are We Now?
- Global Bonds Are PLUNGING, Here's What that Means for the World
- Dollar Tree Reveals Americans Have Hit Their Breaking Point
- You Won't Believe What Europe Just Did To China
Explore listener stats, chart rankings, contacts and more on the Eurodollar University podcast page.