The ten year yield has risen to almost three and a half %. A decade of recklessly accommodative monetary policy has finally caught up with the market, says Patrick O'Mara. As if payback for a decade of reckless monetary policy wasn't enough, he thinks we have a perfect storm brewing for runaway food and energy prices starting this summer. He'll elaborate on that perfect storm after the feature interview because i want to build on some of what anes has to say.
MacroVoices Erik Townsend and Patrick Ceresna welcome energy markets guru Dr. Anas Alhajji to the show to take a deep dive on energy markets – particularly oil and gas. They discuss Russia’s war campaign, OPEC+ spare capacity, Europe’s dependency on Russian natural gas and how much U.S. exports can ease that dependency, and much more. https://bit.ly/3OeUKFc
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