RE: Delay in Interest Rates Cuts28 Mar 2024 12:59
Stokey. The price of oil is going up. Putin would rather deal with Trump than Biden, so has ordered OPEC to keep production low to raise prices. Strangely, Zelensky is attacking Russian oil refineries, aiding & abetting Putin. But maybe senile old Joe gave to order without understanding the consequences.
Anyways, inflation is going back up and interest not coming down anytime soon, which explains the price of gold.
Is any of this good for a heavily indebted HARL? Hmmm....