Confidence Game

By |2016-07-25T19:24:31-04:00July 25th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Oil prices fell again today and it seems that gasoline is now on everyone’s mind. As noted last week, I don’t think that is the reason for the price action except in that it tells a very different story than the one in the media about “stimulus” hope. The significance of crude and gasoline is the difference in narratives and [...]