@Jkylebass Are you suggesting none of the current inflation has to do with the massive AI capex spending or 6% deficit/GDP spending levels with UER at 4.1%? By the way, this energy supply shock ainโt ending soon. Fed canโt sit idly by.
@Geiger_Capital A nice idea in theory. But since 80% of congress have taken AIPAC money, they wonโt go for it. That is the point of AIPAC - keep the Israel โaidโ flowing.
@maina_dilemma @allenanalysis that's correct. Oil has been going down because he has plundered the SPR
@KevRGordon
The drawdown weโve seen in the US Strategic Petroleum Reserve over the past 4 weeks is the most extreme in history