Post by
TheWokeLemming on Jun 08, 2023 12:07am
Looking ahead to next week
There's a good chance the Fed holds interest rates next week. Many economists such as Jeremy Seigal also believe that the supposed recession is less likely. The doom and gloomers are numerous but they could well be wrong. The destocking of inventories is going to run out within weeks. My opinion only.
Comment by
uwebb429 on Jun 08, 2023 1:35am
Still lots of doom and gloom. The EIA sees oil averageing less than $80 for the rest of 2023. https://oilprice.com/Energy/Oil-Prices/EIA-Oil-Prices-Will-Not-Rally-Despite-Saudi-Output-Cut.html