Weekly Market Pulse: Oil Shock

By |2022-03-07T07:38:30-05:00March 6th, 2022|Alhambra Portfolios, Alhambra Research, Bonds, Commodities, Currencies, Markets, Real Estate, Stocks|

Crude oil prices rose over 25% last week and as I sit down to write this evening, the overnight futures are up another 8% to around $125. Almost every other commodity on the planet rose in prices last week too, as did the dollar. Those two factors - rising dollar and rising commodity prices - mean the likelihood of recession [...]