An economic downturn resulting from a ‘Fed mistake’
An economic downturn resulting from a ‘Fed mistake’: Tyler Richey, co-editor at Sevens Report Research
WTI Extends Losses After API Reports Small (Surprise) Crude Build
“An economic downturn resulting from a ‘Fed mistake’ would lead to a bear market in the global energy markets,” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.
So “if we start to see economic data deteriorate in the coming weeks or months, demand estimates penciled in based on the optimistic hope of a soft landing will fall considerably amid an emerging recessionary reality.”
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