Energy stocks are 5% below highs, indicating oil’s potential return of 48%, impacting Fed policy and financial markets. Rate hikes probability decreases, but odds of rate cuts drop, with no cuts until May 2024.

Energy stocks are only 5% away from recent highs. If historical correlations matter, it is hard to believe oil won't follow the same path. That alone would imply a 48% return from its current levels. As a crucial contributor to …

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Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis)

by confoundedinterest17 Inflation under Biden has been very painful for the US middle class and low wage workers. That inflation has resulted to surging mortgage rates thanks to The Fed’s counterattack. The result? Mortgage rates are up 134% under Bidenomics, …

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