If oil continues going higher, you will hear lots of people say the Fed should avoid cutting rates out of fear of potential inflation. This is the same mistake these folks made during tariffs. We are living through a deflationary environment, which means short term oil prices are much less important. You can’t evaluate a single input while ignoring the complex economic machine. The Fed should be aggressively cutting rates in the first half of this year.(Anthony Pompliano 🌪)