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The Energy Transition in the Oil Market
I think you're going to see oil 70 72 75 80 80 to 85. I don't know what the number on oil is that makes people go, Oh, but you know, people are going to start doing math. And when headline turns around, it goes to six to seven. Then that's where I that's why I said I think in the next three, four months,. You're going to start to see it because the energy situation is like it's rolling. It's rolling as we speak.
Preston Pysh and Luke Gromen talks about the current events unfolding around the Fed’s current rate hike pause, whether this is it or will they keep on tightening in future meetings. They talk about the energy market, its impact on treasury yields, the Bitcoin shift that’s currently taking place, and more.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:26 - The FED recently paused with their efforts to raise interest rates - what's happening?
04:08 - Everyone's talking about the TGA needing refilled, what's actually happening?
15:14 - How does the US Government need to issue 2.1 Trillion in the second half of 2023 and what's the impact?
30:03 - What is happening with the current number of cardboard boxes and why is it important?
37:52 - What's happening in the energy market right now?
59:14 - Luke's thoughts on Blackrock Bitcoin ETF.
01:04:25 - What's happening in US - China Relations right now?
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