Is It All Over for Energy Bulls?

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.1 • 1.1K Ratings

🗓️ 7 December 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Price action continues to reflect investors’ collective ambivalence about what comes next, with Wall Street warning of grim prospects for both stocks and growth in 2023. As Jason De Sena Trennert sees it, the “greatest risk to the economy and markets may be the Fed’s need to tighten more than risk markets anticipate.” That crude oil is probing near-term lows even as China eases some “COVID zero” restrictions is just one point of confusion. Trennert, the founder and CEO of Strategas Securities, joins Andreas Steno Larsen to break down what crude oil and other key markets are telling us right now, how inflation will become “sticky,” and why the Federal Reserve will have to go higher for longer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Seven Up Zero Sugar.
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0:37.0	Good afternoon everyone and welcome to the Reel Vision Daily Briefing.
0:41.0	My name is Andreas Stino and today it's Wednesday, December 7th.
0:46.0	We are going to ask a question today whether one should be bullish or bearish energy.
0:53.0	And we've actually gathered both an energy bull and an energy bear in the studio today.
1:00.0	So I'm pleased to be joined by Jason DeCena Tredett, the CEO of Stratekas, the energy bear today.
1:09.0	Welcome to the show Jason.
1:12.0	I'm happy to be here. I'm the energy bull though.
1:15.0	You're the energy bull of course. I'm going to mix it up.
1:18.0	But Jason let's talk about energy first.
1:22.0	Why is energy still a good bet in your view?
1:28.0	It's still a good bet in my opinion because we've largely created.
1:33.0	I would argue an artificial scarcity of oil and natural gas.
1:39.0	And I see no gives when it comes to policy makers as far as having a supply side response.
	...

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