Finding "Goldilocks" Crude Oil Price & ETFs Tying Energy to AI Boom
Schwab Network · Schwab Network
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Show Notes
$70 crude oil will be the "goldilocks" price, says Rob Thummel as the commodity ticks higher due to geopolitical risk. He talks about the risk premium due to tensions between the U.S. and Iran, and how an "oversupply" in oil can mute further rallies. Rob also takes investors through his firm's ETFs that pair energy stocks and AI opportunities together.
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