🚨 $OIL just broke below $93/barrel
-12% in 4 days. Brutal.
Mid-term election results triggered the dump. Market's pricing in recession risk or demand destruction.
Watch energy plays and macro correlation to risk assets. If oil keeps bleeding, inflation narrative shifts—could be bullish for equities short term, but signals deeper economic pain ahead.
-12% in 4 days. Brutal.
Mid-term election results triggered the dump. Market's pricing in recession risk or demand destruction.
Watch energy plays and macro correlation to risk assets. If oil keeps bleeding, inflation narrative shifts—could be bullish for equities short term, but signals deeper economic pain ahead.
