Even the U.S. energy secretary admits it: the diesel export ban is a rotten idea. Doing it will only push up gasoline and jet fuel prices even more.
Restricting exports won’t solve supply and demand—it only distorts price signals. If energy prices don’t come down, inflation will stay stubborn, and rate cuts will be pushed back further. As a risk asset, BTC still has to stomach this pressure.
Before the macro outlook turns around, any rebounds are just interludes.
$BTC #宏观
Restricting exports won’t solve supply and demand—it only distorts price signals. If energy prices don’t come down, inflation will stay stubborn, and rate cuts will be pushed back further. As a risk asset, BTC still has to stomach this pressure.
Before the macro outlook turns around, any rebounds are just interludes.
$BTC #宏观
