Quote:
Originally Posted by JMintzer
Correct. Markets do not like uncertainty...
Good thing no one in the US created any uncertainty in the market...
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The US does NOT control the GLOBAL oil price. The ONLY mistake that the US made is that the FED did NOT raise the interest rates SOON enough, which would have helped control inflation. And oil was RELEASED from the US reserve fund to TRY and moderate oil price increases.
..........The U S and Europe could NOT prevent the Russian aggression in the Ukraine! - Which has thrown extreme RISK into the GLOBAL markets and raised oil and gas prices and inflation in ALL the world's countries. All western countries and even Russia and China are economically messed up by Russia's CRUEL invasion. It's all out of the US's control.