Crude: Deflation to Inflation
I'm expecting USD to decrease in value relative to other currencies by FED policies such as Quantitative Easing & NIRP
We may not see this until after the US elections to ensure a Clinton victory, but i assure you they cannot tolerate deflation and will print their way out of it so long as they can
I feel the FED's actions will lead to increasing inflation over the year(s) to come, that is only if they can keep the debt bubble they've created from deflating
So long as they can do that, Oil will continue to rise
We may not see this until after the US elections to ensure a Clinton victory, but i assure you they cannot tolerate deflation and will print their way out of it so long as they can
I feel the FED's actions will lead to increasing inflation over the year(s) to come, that is only if they can keep the debt bubble they've created from deflating
So long as they can do that, Oil will continue to rise
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.