2022 delivered the market a nasty oil shock. But will it be the last? I don’t think so. The oil price shock in 2023 will be due to massive underinvestment from the US in hydrocarbons (which still power 80% of all our energy needs). And if oil should fall to $65 to $70 – that spells opportunity for the year ahead – where I see oil back above $100.
Dollar Index, Gold and Oil all Surge
Russia’s invasion of Ukraine is driving the demand for safe-haven assets such as the US dollar, gold and bonds. Where to from here?
The #1 Question for Investors by Year’s End
From mine, there is one question investors need to ask themselves this year: where will the US 10-year finish the year?
For a full list of posts from 2017…