The market has declined for two weeks, and it hasn't really yet broken. With the mid term elections coming up, i wouldn't be surprised if the stock market here gave a reaction, at least to the upside, to kind of fake everyone out. What i am pretty confident of is this ain't over till it's over, right? I think that things are set to get much worse.
MacroVoices Erik Townsend and Patrick Ceresna welcome Dr. Anas Alhajji to the show to discuss the role of the petrodollar system and what the implications would be if other nations settled oil trades in currencies other than the USD. They also discuss the Russian crude price cap proposal and why it can’t possibly work. https://bit.ly/3QDd8IU
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