I joined Peggy Tuck today on Mike Robertson’s Straight Talk Money to chat about the improving economy, the OPEC meeting and its impact on energy prices and more!
Audio Length - 00:28:20
Disclosures:
Charles Sizemore is the principal of Sizemore Capital, a wealth management firm in Dallas, ...
Charles Sizemore is the principal of Sizemore Capital, a wealth management firm in Dallas, Texas.
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OPEC price supports may be bad for our economy if we start putting on the cream on top of an already fragile over stimulated monetary base by the Federal Reserve. Of course, that is another reason OPEC probably came to an agreement. The last thing they want is to get paid in deflated dollars that are converted to Treasury Bonds that pay absurdly low yields as inflation spikes.
OPEC price supports may be bad for our economy if we start putting on the cream on top of an already fragile over stimulated monetary base by the Federal Reserve. Of course, that is another reason OPEC probably came to an agreement. The last thing they want is to get paid in deflated dollars that are converted to Treasury Bonds that pay absurdly low yields as inflation spikes.