Correlations:
Expensive energy = Inflation
Inflation brings Rate Hikes and tightening
Rate Hikes affect economic Growth
Less Growth brings Recession
= Expensive Oil means Indices Lower
ps. Indices Lower = BTC and Crypto also Lower
Keep our eyes on Oil.
One Love,
the FXPROFESSOR
Expensive energy = Inflation
Inflation brings Rate Hikes and tightening
Rate Hikes affect economic Growth
Less Growth brings Recession
= Expensive Oil means Indices Lower
ps. Indices Lower = BTC and Crypto also Lower
Keep our eyes on Oil.
One Love,
the FXPROFESSOR
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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.