Energy prices.
Thease are the most likely outcomes – a year-end run and new highs in 2027 OR the grim case.
As should be clear:
Extension of the lower red (rising) trend line is an obvious potential bounce point.
OR as early as tomorrow depending on how the rest of global banking falls in.
Either way – all the whooping and hollering aside – this sure looks like planned global synchronized inflation here to keep the planet reaching for carrots thaat are promised just ahead but still off-screen…
Back to my snooze…
~ure