Is This The Cure For Slumping Energy Stocks?
Ok, so everyone knows energy equity has underperformed this year.
And one of the most interesting things about that underperformance is the juxtaposition with Energy credit, which has remained remarkably resilient despite episodic bouts of crude carnage.
Well, as you consider the collapsing dollar - which, you're reminded, has gone nowhere but down since April 12 when Trump famously proclaimed that dollar strength was "partially my fault because people have so much confidence in me"...
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This is funny, but as my mother used to say, “That’s not funny Ha Ha, it’s funny peculiar.”