If you have been reading my scribblings over the last few weeks, you will know that I am quite bearish about the prospects for markets in general, including energy stocks and oil, over the next few months. This week’s inflation numbers confirmed what I have been saying for some time, and why I am not optimistic right now.
The numbers indicated that here in the U.S., we are moving from the first phase of inflationary pressure, caused by jumps in commodity prices due to Covid-related dislocation of supply and a sudden surge in demand, to the…The Energy Stocks To Watch When Interest Rates Are Rising
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