The Overlooked Impact of Lower Crude Oil Prices on Inflation

Everyone talks about higher CPI when crude is up, but ignores it when prices drop.
Right now, lower crude oil is actually helping to soften inflation and weaken the dollar.

Keep an eye on the neckline around $70—but it might not be easy to break.
CPICrude OildollarelliotwaveanalysisHead and Shouldersinflation

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