Oil above $100 for a certain period will impact the global economy with the higher inflation across all consumables and earnings report as we all know, the increased prices on all products is only one way, as the business leaders wont revert back to keep their profits/margins.
Beyond the investment returns this will impact the people's everyday life.
With the high AI circlic spending and longer monetization, will add some job losses to it to worsen the situation.
So, I expect some pullbacks and may expect a sideways market for a little while until the consumer economy with the moderate inflation and affordable living.
Added Tarrifs is making this more worsen. Increasing 10 year Treasury yield is a concern too.
Hope Trump's and Netanyagu's term ends soon for the new leaders with professional global relationships.
So me peronally trimming the positions and ready with the cash to accumulate more quality companies in a good lower prices to keep beyond Trump's term i.e., long term [Smile]
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