4.7 • 5.8K Ratings
🗓️ 4 February 2021
⏱️ 61 minutes
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0:00.0 | I like to thank ExpressVPN for its continued support of the Petership Show podcast. |
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0:33.2 | A relatively quiet day in the market today, but some of the movements of note, the price |
0:39.9 | of oil continues to creep higher, making a new post COVID high today. |
0:46.0 | We were up better than $1 a barrel. |
0:48.3 | I think we closed just under 56 55 80 ish. |
0:53.4 | We did trade above 56 the high I saw was 56 33 and that again is the high print for |
1:00.1 | the move. |
1:01.1 | We are making a B line towards 60. |
1:04.6 | We may have a bit of resistance up there, but I think people are going to be very surprised |
1:10.3 | at the speed with which oil moves from 60 to 100. |
1:14.6 | I'm not even sure that we're going to stop at $80 a barrel for long, but that is going |
1:19.9 | to really be a big factor, I think in the inflation outlook, looking also at the |
1:26.9 | bond yields, they continue to creep higher getting close again to the post COVID highs as |
1:32.5 | well in bond yields, the yield on the 10 year back above 1.13 getting close to the highest |
1:40.3 | we've been post COVID. |
1:42.7 | The high I think we had was about 1.187. |
1:46.6 | Not quite to 1.2 yet, but we are creeping higher and the yield on the 30 year now back |
1:53.3 | above 1.9, we're at 1.912 on the close and the highest we've been on the 30 year since |
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