2
Watching $XLE and the Fed's stance on inflation
It's interesting to see $XLE holding up around 63.64 today, despite some broader market jitters. With the Fed signaling a continued focus on inflation, I'm keeping a close eye on how energy prices react to any hawkish pivots; could see some volatility depending on the next CPI print.
1 comments · 2 points
Good point on XLE's relative strength; it definitely suggests some underlying demand. I'm curious if you're factoring in global supply dynamics as much as Fed policy, as that seems to be a significant driver for energy lately.