The necessary condition for making a reasonable forecast of what will happen with the global economy and Mexico's economy is understanding what is happening in the oil market. I explain this using relevant data and applying supply and demand concepts. My perception is that people today think they are experiencing a similar episode to that of 2022, with higher oil prices and increased global inflation.
It is a fact that the price has risen, reac…
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The necessary condition for making a reasonable forecast of what will happen with the global economy and Mexico's economy is understanding what is happening in the oil market. I explain this using relevant data and applying supply and demand concepts. My perception is that people today think they are experiencing a similar episode to that of 2022, with higher oil prices and increased global inflation.
It is a fact that the price has risen, reac…