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It's been said that "we can't have nice things."
A day after markets cheered the U.S.-China trade truce, U.S. President Donald Trump threatened to slap $4 billion in tariffs on goods flowing out of the European Union.
That news overshadowed OPEC's major decision to extend crude production caps through March 2020.
Oil prices plunged Tuesday.
And despite all the chatter about oil prices heading higher in the third quarter, economic growth concerns and trade jitters are driving global oil prices lower.
Today, we're going to discuss how to make money on this trend...
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.
Learned some good info today on Money Morning. Look forward to your letters.Thanks