Oil up will more and more equate to alternatives and efficiencies. As people restrain the over use of a faulty product, with pollution and climate change etc, than the flooding of markets with oil to push demand up doesn't work, and slow the roll out of alternatives and efficiencies fails faster. One huge manipulating power for inflation thus loses their power. From wars around the globe by oil powers driving up debt and destruction, the world can't afford it or the climate change and pollution and living withing our means equates to inflation down and long term investing in America more viable/long bonds.
With M2 trending down i look for this to aide the trend and friend as those dollars have to be used more wisely than the present J Biden/J Manchin policy of All of The Above almost as bad as Drill Baby Drill. Better spending of less dollars means less throw away world and inflation with the cancerous growth finally starting the debate of not 2 or 3 percent FED inflation but 0% inflation. One atmosphere and one planet for life means conserving and valuing old fashioned things like saving and planning better.
$TLT$ bullish
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
