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.”
Also, click here to view the full ZeroHedge article published on August 20th, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.
Lastly, If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.
To strengthen your market knowledge take a free trial of The Sevens Report.
Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.