Relief?

10/18/13 10:33AM EDT

Gas prices at the pump are sliding and down year-over-year and quarter-over-quarter, despite flat oil and negative policy headwinds. In isolation, this is obviously a tailwind for U.S. consumer spending. The acute risk from here is that Bernanke's dollar destruction catalyzes a reversal in energy prices.

Relief? - drake

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.