oil and gas prices going up...if you don't let them drill anywhere and windfall profit tax them away...guess what...econ 101...no supply but big demand....
also interest rates going up...new high minimum wage....which makes union and govt contracts more expensive...voila...higher costs....inflation..higher interest...
I'm looking at increasing my positions in refinery stocks. Their profits will not be encumbered like the drillers and integrated oils. They were up nicely today.
Gold is also doing well...it's rested and ready, wobbling a little like some "volatility" may be on the horizon...