/biz/ - Business & Finance

>>53955503

Wage shopping is merely the price of labor slowly adjusting to input costs rising, it drives nothing. It is far downstream symptom, not a cause. This is keynesian/mmt propaganda to deflect blame from printing.

Job openings are fake. Bullshit metric.

>energy has bottomed

Why should it rip? Do we have an oil shortage? Lack of production?

JPow already suspects he overdid it, and we're just waiting to see the impact. RRP is the airbag to be deployed for that 'soft landing' which is still gonna hurt.

>>53846633

Metals (esp gold) move with oil, oil moves with money supply. Occasionally oil supply has a problem and grows well past money supply, but that's not happening now really. 2021-22 was just oil catching up to M2 and stabilizing. The fintwit people talking 300$ oil and underinvestment and ESG are carnival barkers who manage to do everything but look at a very simple graph of US oil production heading back up.

Otherwise I agree high risk free return kills equities. But the rates aren't sustainable and with effective M2 declining also commodities are gonna get fucked. Only winners here are short term treasuries and equity shorts.