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OWby u/options_wheel_kat·4hDiscussion

Watching the oil bounce and its effect on inflation narratives

That bounce in $BRENT past $72 today is interesting. While it's only a small move in the grand scheme, it comes right as central banks are trying to gauge the stickiness of inflation. If we see $BRENT sustain above these levels, it's going to make their job harder and could certainly influence rate hike expectations, especially given the recent dovish whispers. I'm keeping a closer eye on energy sector stocks and anything sensitive to input costs on my watchlist.

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