Diesel as an industrial activity proxy is underrated. When diesel ticks up while consumer spending dips, that spread usually shows up in risk assets a few weeks later. Good reminder to zoom out from the charts.
Diesel as an industrial activity proxy is underrated. When diesel ticks up while consumer spending dips, that spread usually shows up in risk assets a few weeks later. Good reminder to zoom out from the charts.
RE: Dirty Diesel On The Increase