Monday, November 23, 2020

Oil holding at 42

 And the high end of 42, that was a price jump based on expected higher than usual Fed taxes in the future. Time shift at the investment level to avoid future taxes and survive the Q1 tax scramble.  All of this is about Biden win. The dollar is at the low end of the precovid range. This inflation bump will end, sometime in Q1 also, when the Fed taxes grow in earnest as the ten year approaches 1% again.

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