HomeMarketsU.S. Economy & JobsLuke Gromen Says That The U.S. Dollar & Crude Oil Need To Go Lower

Luke Gromen Says That The U.S. Dollar & Crude Oil Need To Go Lower

Is inflation reaccelerating? Luke Gromen says that in 2022, the terms of trade for the United States energy importing foreign creditors is deteriorating rapidly. Therefore, the U.S. Dollar bounced, which put pressure on the currency's denominated debt. Oil is also higher, which is another factor. To have a bullish stock market today, does the U.S. Dollar currency and crude oil need to move lower?

Futures

13 Sep 2023

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