$3.50 Gasoline Spike May Fuel $2 Toward Year-End - The oxymoron of spiking energy and precious-metals volatility vs. a complacent stock market may prove unsustainable, with deflationary implications. Sustainability is a key question from my graphic showing the national average gasoline price rising to $3.50 a gallon while S&P 500 180-day volatility sits near its lowest since 2018. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tbqc2ekgctl1 {BI COMD} #gasoline #crudeoil #stockmarket @markets(Mike McGlone)