Personally , I think consumer prices will increase , and companies that are mostly based on shale oil will benefit such as $Devon(DVN)$and $EOG Resources(EOG)$.
For me , rising oil prices and the possibility of an interest rate hike means that shifting more holdings to cash could be an interesting alternative as the risk premium between holding cash and buying equity is now reduced
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- zippy1·09-14 12:42TOPHormuz risk matters more here. If flows stay constrained, US shale names like EOG and Devon keep the bid, and export margins get a lot more interesting1Report
- Heretoread·09-14 15:23I agree with that will have to see in the upcoming weeks !LikeReport
