The Most Obvious Recession Concern Is Now Getting Really Concerning
Episode description
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #consumer #bankcrisis #oil #gasoline
Even OPEC is having trouble dealing with the growing turmoil in the oil market. Weak demand is forcing the cartel to confront very difficult choices. The reason is because recent price weakness isn't really just about energy. A whole range of financial indications are pointing once more in that wrong if familiar direction.
Eurodollar University's Money & Macro Analysis
Bloomberg: OPEC+ Meeting Delayed as Oil Production Talks Hit Turbulence
https://www.bloomberg.com/news/articles/2023-11-22/opec-talks-hit-turbulence-as-saudis-agitate-over-output-levels
Twitter: https://twitter.com/JeffSnider_AIP
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