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MacroVoices #361 Alex Gurevich: Jay Powell says, “Effects of tightening not yet felt.” Alex says, “No shit, Jay.”
Macro Voices
Oil Trades and Dollars Are Being Sucked Out of the System
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I don't think things will change that much. It looks like you have global growth has to be sustained. Energy prices have to go up. However, oil trades and dollars and dollars are being sucked out of the system. That also cannot be denied when the Fed conducts quantitative tightening When the Fed raises rates.
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