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Oil, Gas, and Houses: Unveiling Investment Patterns with Max Gagliardi

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The Energy Space: What's Going On?

Energy hasn't really gone up late, not too well, so far. But let's face it, old momentum and FOMO has gone to tech the way this year. I just think that underlying a lot of this is kind of the don't fight the Fed narrative. People will point back to oil fundamentals and say, look, OPEC's cutting, rig counts finally dropping. Production in the US is getting flatter, maybe declining on the oil side. Ultimately with the yield curve words at and what people are predicting around potential recession, I think it's just hard to get super bullish in the near term on oil prices.

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