Nothing earth-shattering here, but chart below is Consumer Sentiment in white vs Crude Oil in red. Mirror image. So all the prognostications about how consumer sentiment levels relate to future consumption should probably be taken with a grain of salt. It’s all about how much it costs to fill up the Ford F-150.
ABOUT:
Former member of the CME specializing in interest rate options and yield curve strategies.
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.
