A closer look at “Oil Spikes 35%”, exactly as the source publishes it. Oil prices have just surged roughly 35% in a very short period of time, and that type of move tends to matter far beyond the energy market. Historically, sharp spikes in oil often show up late in the business cycle, when the economy is already slowing and higher energy costs begin to pressure consumers, businesses, and financial conditions.
In this video, we take a step back and look at why sudden oil price spikes can be so important for the macro environment. This listing links straight to the original page, where the content is available in full.