2 Question Tuesday – 02/21/2023 – Will Oil Hit $100 a Barrel & Is Inflation Going Back Up?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Will Oil hit $100 a barrel?
  2. Is Inflation Going Back Up?

Phil, Mike, and Larry talk about the Big Oil companies reporting that their profits doubled last year in the wake of Russia’s invasion of Ukraine, and what the outlook for oil is in 2023. They then discuss the CPI, retail sales, and wholesale prices coming in higher than expected in January and where they see inflation going for the rest of the year.

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

Special guest host Lawrence Carrel’s books available available at Amazon.com