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UBN - Staying Focused - An Incredibly Long (Energy) Journey Ahead
E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Energy ETN
The energy bull market is only just beginning.
In terms of set-up, we aren't even in the 1st inning yet. As the global economy recovers from COVID, we are only returning back to normal.
Years of insufficient capex investment will catch up to the world via inadequate oil supplies, which will translate into a very long period of higher oil prices.
Manage your risk well, but once you've done that, don't get in your own way.