2min chapter

Forward Guidance cover image

A Profit Recession Is Coming, An End To Inflation Is Not | Vincent Deluard

Forward Guidance

CHAPTER

Oil Futures

Vincet: Inflation is the rate of change, right? I'm talking the c p i, the actual index. C p i will be about 12 % higher in three years than it is now. These things is not right for me. It's the old price, a small wrong. But you don't know the pons. You can buy a contract on both of these things right now and bet on the convergence of these two prices. And so for you to be wrong in this trade, vense, what would have to happen? That would be, oil would have to go up.

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