About this episode
(6/22/22) Markets bounced 2% following a long weekend break. This morning's early morning sell-off may keep prices suppressed. Consolidations lead to failures and short-term increases, making it difficult for investors to make any returns. Oil prices are beginning to exhibit this behavior, too, down about 4% after big run up. We're looking for a bounce at about $96 to $100/bbl. As demand slows down as the economy weakens, the diminished demand for fuel will further weaken prices. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=V8ROFhlaCmI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Articles mentioned in this report: "Oil Price Reversions – The Inevitable Outcome Of Recessions" https://realinvestmentadvice.com/oil-price-reversions-the-inevitable-outcome-of-recessions/ ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #OilPrices #MarketBounce #SupplyDemand #Markets #Money #Investing