Post by
spurwing2 on Sep 24, 2024 9:57am
Investors shorting oil are walking into bear-trap:BofA.
https://finance.yahoo.com/news/investors-shorting-oil-walking-bear-032748908.html
Comment by
Quintessential1 on Sep 24, 2024 10:33am
"Further policy easing from the Federal Reserve with lower interest rates could also help boost the world economy "quite substantially over the coming quarters," the strategists said. They expect the Fed to drive rates below 3% by the end of next year, which they say could stimulate both oil and cyclical commodity demand, they said." GLTA