Oil Shock Has Not Yet Fully Priced In To Markets, Argues Bob Elliott of Unlimited Funds | The Monetary Matters

"We're just getting started to reflect the totality of the increase in oil prices in the markets both things can be true which is that it can be immediately inflationary and put the Fed on its heels... and over time be enough of a drag on growth that it could create a negative shock on the economy..." - Bob Elliott [00:00:00]

"The dots are nonsense and just like move on from the dots like people have to write some stuff down the dots are based on hope not on reality or probabilistic outcomes." - Bob Elliott [00:10:41]