Chairman Powell is caught between competing pressures and a slew of international powder kegs – literally. The 2022 Bear Market is either almost done, or about to get much worse.
Oil and oil stocks are crashing as Russia and Saudi Arabia squabble. Russia’s motivation is clearly retaliation against U.S. shale over recent sanctions on Russia. Investors should not expect a quick or deep recovery for most oil stocks. Oil on the other hand holds some promise. Access with membership or a Free Library Card.