HomeBusinessEnergyNo Recession This Year | US Needs to Step Up Energy Production
No Recession This Year | US Needs to Step Up Energy Production

I think the euro will remain in the 108 to 111 range for the next few months, says Larry Shover of D. Alexander Capital. I am watching the two, five and ten year yields, and how many rate hikes the Fed will do, says Larry. He points out that the labor market is still very strong, so it doesn't beget stagflation. I don't see a recession this year, he adds. Larry and Ben discuss supply and demand of oil. Larry explains that it takes three to six months between drilling a well and producing oil, so that is part of the reason we see backwardation in the futures market.

Futures

11 Mar 2022

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