You can either surf, or you can fightOne think I never thought about when putting my hard earned money in this play is USD. The price of Brent is more Jellen's doing than anything else.
Here’s a 5-year chart of the broad-weighted US dollar index (this is the index the Fed publishes, which – unlike the DXY index and its >50% Euro weighting – weights all US trading partners on a pro rata basis) versus the price of WTI crude oil. The red line marks Yellen’s announcement of the Fed’s current tightening bias in the summer of 2014. https://www.salientpartners.com/epsilontheory/post/2016/01/14/you-can-either-surf-or-you-can-fight