In this episode, I start off with another sector update/conversation: this time, on U.S. energy markets with my buddy Phil Flynn, a FOX Business Network Contributor as well as Senior Market analyst at the Price Futures Group in Chicago. Notwithstanding the current challenges to U.S. oil in particular due to the recent low prices and resulting low rig count/rollover in production levels, Phil paints an encouraging policy picture (as have I.) Unlike during the Biden years, at least energy knows it has a champion in The White House rather than an adversary! Unquestionably, we’ll see activity recover for oil generally as prices move back up. Elsewhere, natural gas–while even more treacherous at times from a trader’s viewpoint such as Phil’s–has an incredibly bright future in the U.S. (and as we’ve previously covered, perhaps even more so in Canada.) “The natural gas story is the Story of America,” says Phil. Moving on, I talk about the BLOCKBUSTER news out late in the week on the Pentagon’s major, aggressive and unique investment in Rare Earths company MP Materials – a story I’ll be discussing more in the days ahead as it affects other companies/metals. Finally, I briefly discuss the broad markets, keying in on America’s path to a $60 TRILLION or so debt in the next decade…the Treasury market being increasingly dictated once more by market forces (i.e.–those famed bond market vigilantes) … and the apparently intensifying efforts on the part of Team Trump to move “Too Late Powell” out of the way NOW and put someone in charge of the Fed who will really “Print, Baby Print!”
