Indosuez Sees $60 Average WTI Crude Price for 2019

The video discusses the challenges of predicting oil prices, highlighting a forecast of $60 per barrel for WTI. It examines the impact of US shale production and geopolitical risks on oil prices. The relationship between oil prices and currencies, particularly the Canadian dollar, is explored, noting the influence of pipeline capacity. The discussion shifts to inflation, emphasizing the role of technological advancements in disinflation and the implications for the US dollar. The video concludes with insights into the Fed's response to inflation and the potential effects on currency strength.

What is the speaker's view on the future of inflation in relation to technological advancements?

What does the speaker suggest is necessary for the dollar to sell off radically?