MARKETS & ENERGY UPDATE JULY 9th: Coming Global Recession & Higher Oil Prices? Get Ready For Stagflation

While the U.S. and world might be heading into a recession, don’t count on low oil prices.  Why?  Global oil demand will likely be much stronger during 2H 2023 and into 2024 than the market realizes.  Thus, higher oil prices translate into a higher Consumer Price Index…

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