Updated - F, 4/10/26.
The Threat of Stagflation.
Energy prices are (not) coming down anytime soon -
- Energy prices will stay High for (months, or longer) due to numerous reasons from the U.S. Iran War.
The "peak" season for Energy is (Always) the Summer.
- Stagflation - High Inflation - Low Growth is a (Very serious) threat to the U.S. economy.
It the (current) trends continue (especially if Inflation is allowed to run) and the Fed doesn't raise Interest rates to control it is a Major recession > 2027.
LEI - Leading Economic Index (the Chart).
These are the facts.