I expect the U.S. dollar will weaken as inflation falls because interest rates would fall too, yet the chart below is a good indicator of how far oil prices could drop. A $1.50 plunge in gas prices is a guess, but a conservative one if the sanctions lift.
SPY Gap Target Reached
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FEEDAnd there it is: we’ve sealed the gap. The bulls have been blasted.
Let’s see if we can do more!
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