Someone gave me this book. I don’t remember who but everywhere I go I see someone reading it. Perhaps it’s a good one. Perhaps I should at least read the first couple of pages to see if it can hook me?
The cost of a barrel of oil is inextricably linked to the 10-year Treasury yield. The current inflation is caused by higher energy costs. So there’s a consensus among a bunch of “smart” people that we need to raise interest rates, and they did. What now—are the Iranians suddenly going to open up the Strait of Hormuz?