In this short clip from Live Trading Room on October 2-3, 2024, Samantha LaDuc discusses the weak outlook for oil prices, predicting a potential drop to $40 per barrel despite geopolitical tensions and market fluctuations.She highlights the persistent bearish trends visible in the monthly crude charts, cautioning against expecting a price bounce without significant shifts in market dynamics.Samantha also touches on broader economic indicators like falling yields and a strong dollar, which suggest a deflationary environment, while considering the complex impacts of Middle East tensions on market stability.Video length 00:06:49More By This Author:China Hitting A Wall
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