Oil looks sustainable at $80. But why is every asset following Fed balance sheet?

Ritesh Jain, a Dalal Street veteran, trend watcher and Global Macro Investor, captures global macro investment opportunities and economic, business and financial trends with charts and commentaries in this space.

One of India’s biggest industrialist on supply chains

We need to take this new aspect of supply chains into our consideration while investing


Every asset seems to be following the Fed balance sheet

Fed'S Bostic: “I believe that the housing market is not in a bubble, and that prices are growing as a result of supply and demand.

Get ready for higher agri commodity prices as US is the largest exporter of agri products to rest of the world.

For the first time in the US Drought Monitor's history, more than 90% of the West is in drought. And the region is staring down at an absolutely brutal heat wave that will only make things worse.

Barring any unforeseen event, I also expect crude to see a sustainable rise to $80+

Energy Aspects joining the call: "So, we have raised our 2022 Brent forecasts to $84, with 2023–25 prices increased by $18 to average over $100. Prices start to cool off from 2026, but stay above $80 through 2030. (Open Square Capital)

China will not be able to curb the prices as ROW demand grows