Oil is one of the biggest factors when it comes to inflation, says Phil Streible, Chief Market Strategist at Blue Line Futures. There's a direct correlation between interest rate hike expectations and oil prices, he explains. I think oil prices will start to hover in this level and not go back up to $120 or $150, he says. He says farmers are going to plant as much as they can this season to make up for lost crops in Russia and Ukraine. Phil and Tom discuss the strong U.S. Dollar (/DX) and the inverse correlation to U.S. equity markets.