Miner Company
$100 Oil Won't Sink The U.S. Economy
The S&P 500 faces short-term volatility from geopolitical tensions and the 'Trump risk premium,' yet I remain long-term bullish. Despite $100+ oil, the US economy is unlikely to enter recession due to declining energy intensity, resilient consumer balance sheets, and net energy exporter status.
The S&P 500 faces short-term volatility from geopolitical tensions and the 'Trump risk premium,' yet I remain long-term bullish. Despite $100+ oil, the US economy is unlikely to enter recession due to declining energy intensity, resilient consumer balance sheets, and net energy exporter status.