inflaction down = rates down, no recession,and oil up !
with the latest data on inflation falling in both Europe and the US the tide has changed, there is no more room for a drop in oil!
German inflation slows
https://www.dw.com/en/german-inflation-slows-to-10/a-63929735
Spain's 12-month inflation slows down
https://www.zawya.com/en/world/uk-and-europe/spains-12-month-inflation-slows-down-to-68-in-november-y3g1ncoz
TREASURIES -U.S. yields slip as hopes Fed cuts rates next year drive trading
https://www.reuters.com/article/usa-bonds/treasuries-u-s-yields-slip-as-hopes-fed-cuts-rates-next-year-drive-trading-idUSL1N32O170
Fed's Williams says 'more work left to do', but sees inflation slowing
https://www.sharecast.com/news/international-economic/feds-williams-says-more-work-left-to-do-but-sees-inflation-slowing--11531816.html
with falling inflation, ever lower rates, and China easing restrictions, no recession and sure economic recovery with skyrocketing oil prices !
BTE $20 next year !