Programming note: I'm going live with Sarah and Tim at approximately 1:45pm ET for The Next Level. Come hang with us here. If you can't make it live, this episode will be in your feeds tonight. 1. FuturesAt the end of January, oil was $65 per barrel. As I’m writing it’s $89 per barrel. That’s bad. But it’s not the worst signal. No, that would be the futures curve showing where the market expects oil prices to be this summer: Before you think I’m getting carried away, $80 oil in JULY would be a huge problem. Let me explain how royally Donald Trump has fucked the American economy... Join The Bulwark to unlock the rest.Become a paying member of The Bulwark to get access to this post and other subscriber-only content. A subscription gets you:
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