Macro Dream Team: Lyn Alden, Danielle DiMartino Booth, Stephany Pomboy and Ivy Zelman
Wealthion - Be Financially Resilient
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Energy and Commodity Supply Tighter Than It Was Back in the 20th Century
Energy and commodity supply is tighter than it was back then, before you had over supply. Shale oil come on in a and cind of totally dislocate global energy markets. And so now i think we're in a more structurally tight environment. That doesn't mean energy prices can't go down 30 % over a six months period if you have, say, recession or something like that. Its the fact that this decade over all, is tighter.
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