Well, howdy there, internet people it spell again.

So today, we're going to talk about a warning on oil prices.

This week, the head of the International Energy Agency, said something nobody really wanted to hear,

but many of us knew deep down. Basically,

the worst is yet to come. Executive Director of the International Energy Agency, Fatah

Bureau, said, quote, prices are already high, but they are not reflecting the severity of the

problem. I agree there is a high, but they are not reflecting the severity of the problem.

I agree there is a disconnect, but I think soon we will see they will converge,

which is an extremely sensitive issue for the global economy.

He's saying what many economists have been saying for months. The markets are untethered from reality.

He's saying there's a disconnect between the severity and the prices in oil. We've seen that disconnect

in other markets as well, from the housing market to the stock market to job market.

Large segments of the economy are simply running on vibes. Your clearest indication of this

is the way markets are reacting to press releases and statements aren't actually connected to what's happening. A statement from Trump

saying Iran is defeated and the war will be over soon can cause the markets to go up. Forget that

he said something similar a dozen times over the last month and a half. The IEA boss also made something else very clear about the impacts.

Quote,

No country is immune to this.

Everybody will be touched.

That's important because there are a lot of people who truly believe that the U.S.

can drill baby drill its way out of this, and that somehow Trump will steer us through.

These same people seem completely unaware that Trump steered us into this dire straight,

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